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Nifty up over 3% in February 2014 supported bydomestic newsflow
RM
/31
4/0
5.0
3.2
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Dear Partner,
Yours Sincerely
Rajeev R. SrivastavaBusiness Head
However, India’s economic growth woes continued with seventh
consecutive quarter of sub-5% growth at 4.7% in 3QFY2014. A string of positive newsflow last month helped the Nifty Moreover, with lackluster investment cycle on the back of policy recover most of the ground it lost in January 2014. Thus, after logjam and political uncertainty, the 4QFY2014E growth is likely to a 3% slide in January 2014, the Nifty recovered 3% to end the be at similar subdued levels. Notably, the Finance Minister had month closer to its life-time highs. As far as the mid-cap and pegged India’s 2HFY2014 GDP growth at atleast 5.2% in the the small-cap segments of the market were concerned, the Interim Budget, which is a far cry from the actual. Amidst the above respective indices on the NSE too gained 3.5% and 2.8%. domestic developments, the US Fed released its January 2014 Notably, despite several bouts of knee-jerk profit-booking meeting minutes last month, which were largely along expected reactions witnessed during the first fortnight, the Indian lines with Fed members broadly agreeing to continue the taper in indices displayed commendable resilience, with little gains. wake of improving US economy outlook, despite recent weak However, the second half of the month saw the Indian economic data points.stockmarket gain traction well-supported by strong FII
inflows. Thus, despite the net selling done by FIIs in the first 7 Going into March, the initial few days of the month would be
trading sessions of the month, they bought Indian equity for overshadowed by the geo-political developments with respect to
consecutive 12 sessions thereafter, turning them into net Russia and Ukraine, which has opened up the possibility of military
buyers for February 2014 at ~Rs2,600cr. confrontation between the two. Notably, if the war actually
materializes, it could lead to some instability not only in that region, February was an important month with the Interim Budget and but could also impact sentiments across the globe, which will make 3QFY2014 GDP data to be released along with other monthly investors switch into the risk-off mode temporarily. However, on the economic data points. Thus, WPI Inflation data for January contrary, a call-off of the same could boost investor sentiments. 2014 came in better-than-expected at 5.05%, which was at Apart from this, considering the fact that the biggest democracy in about 8-months low. This positive surprise came close on the the world, India, is due for elections, and the anxiety around its heels of the positive surprise delivered by the CPI Inflation outcome will only build further over the next couple of months as the number, which came in at 8.8%, a 2-year low figure. However, elections draw near, we expect volatility in the Indian stockmarket these are still not enough, in our view, to encourage the RBI to to increase.loosen up the Monetary Policy anytime soon. This was
followed by a reasonable Interim Budget, which projected a
Fiscal Deficit of 4.6% for FY2014 and doled out Excise Duty
cuts for the Auto, Consumer Durables and Capital goods
sectors. This, coupled with the fact that the 3QFY2014 results
season largely delivered positive surprises, went down well
with investors.
ISO 9001:2008: Reliance Securities Limited holds a certificate issued by BSI Management System India Pvt. Ltd to the effect that it operates a Quality Management System that complies with the requirements of ISO 9001:2008 for providing equity & equity derivative trading services through online trading system. Investment in securities market is subject to market risk. Registered Office: Reliance Securities Limited, 11th Floor, R-Tech IT Park, Western Express Highway, Goregaon (East), Mumbai - 400063. Tel: +91 22 3320 1212 (NSE - INB / INF / INE 231234833; BSE - INB / INF / INE 011234839; MCX>SX - INB / INF 261234836 INE 261234833; AMFI ARN No.29889).
1
From the desk of Business Head
Research Desk | Product of the Month
Mutual Fund Desk | Monthly Economic Calendar | Rgurukool Corner
| Customer Service | Currency Research Desk | Reliance My Gold Plan
March 2014
Idea (Rs131):
Indian Oil Corporation (Rs251):
IDEA has witnessed significant correction from its peak of
Rs188.4 to a low of Rs125.1 and later bounced back. On daily
charts, most of the technical oscillators have bottomed out and
are indicating a fresh up move in near-term. From the current
level of Rs131, the stock has multiple supports on daily & weekly
charts at lower levels of Rs125 and then at Rs120 while on higher
side, strong resistance is around Rs145 and then at Rs155.
Fresh long positions can be initiated from the current level to dip
towards Rs125 for probable target of Rs145 first and then Rs155,
with a closing based stop loss of Rs120.
IOC lost around 45% post an incredible price volume action that
took place in first half of January 2013 and later, despite multiple
attempts to bottom-out, the stock got hammered down thrice
before crossing its 20-week EMA. Finally, on the back of
comparatively better volumes in late January 2014, stock was
able to cross the major hurdles of 20 & 50-week EMA.
Momentum indicator, MACD (12,26,9) is indicating a fresh up
move by moving above the neutral line. Also the oscillator, RSI
(14,9), is trading at 62 level indicating strength in the stock. Fresh
long positions can be initiated from the present level of Rs251 to
dip towards Rs235 for probable up move towards Rs292 with a
closing based stop loss of Rs228.
Technical View for the Month
Technical Picks for the Month
NIFTY (6,221)The NIFTY reversed last month after closing on a
negative note in January 2014. Notably, similar
to January 2014, the NIFTY, after registering a
low of 5,933 on the second trading session of the
month, rose steadily thereafter to register a fresh
high of 6,283. It ended the month close to the
high point of the month at 6,277 mark, up 3.1%.
Action was primarily concentrated in large-cap
stocks last month. On monthly chart, the RSI continues to trade
above the 50 mark, while MACD continues to
suggest a strong move in the offing that should
see the NIFTY scaling higher levels, especially if
it is able to hold its ground above 6,000. Apart
from this, on daily chart, NIFTY spot is now
placed close to the higher band of the channel
that will continue to see supply/distribution at
higher levels, especially with most of the
oscillators now moving into or placed very close
to their respective overbought zones. Thus, two
important levels that need to be watched are
resistance at 6,350 and support at 6,000 on
closing basis.
Research Desk
2
Note: Since the above recommendations are on BUY side, strict stop loss is strongly advised.
Research Desk
Strike Rates – February 2014
Some Fundamental Call updates:
Fundamental / Technical Calls Performance
* Hexaware up over 125% since our initial recommendation @ Rs73 in September 2011 ** Balkrishna Inds. up over 165% since our initial recommendation @ Rs147 in May 2011*** Eicher Motors up over 155% since our initial recommendation @ Rs1,993 in April 2012 ^ HCL Tech up over 260% since our initial recommendation @ Rs407 in October 2011^^ IPCA Labs up over 165% since our initial recommendation @ Rs328 in August 2011 ^^^ Mindtree up ~300% since our initial recommendation @ Rs411 in December 2011
Note: As on February 28, 2014; Source: Refer Daily Market Lens / LIVE Market Calls data
3
Disclaimer at the last page
Step 1: https://trade.rsec.co.in/
Step 2: Select Rofferings > Model Portfolio
How to Invest online
To know more visit: http://www.rsec.co.in/products-and-services/financial-Services/equity/rmodelportfolio
Reliance Securities Model Portfolio Performance
Since inception in October 2011, the Reliance Securities
Model Portfolio has outperformed its benchmark (Sensex)
by ~12%!
Thus, while the Sensex has given a return of ~32% in this
period, the R-Model Portfolio has given a return of ~44%,
which is ~36% higher (in absolute terms) than Sensex
returns.
4
Research Desk
*Current Model Portfolio
Product of the Month
Trade Booster
The Next-GEN Trading Tool now in your RSEC trading account.
We are glad to present you “Trade Booster”, the next generation real-time news & price analytics platform which provides
high quality information, visuals, heat maps, alerts and also allows you to trade from the same window without losing the
opportunity.
With Trade Booster explore new ideas and keep pulse on the current business/issues. The tool’s smart, yet simple to
understand display, combined with a social touch enables traders like you to look into financial markets in a different light.
It gets you access to relevant information and insight that may potentially impact the market right on your finger-tips which
in-turn help you find the right momentum in this fast moving market..
Ø Allows you to read several interesting bits of financial information from millions of sources (News Wires,
Blogs, Twitters, Social Media, etc) at a glance.
Ø Showcases a whole new picture for the company’s activity on the Dashboard. Right from
Company News , Algorithmic generated alerts, Option movement, and all the relevant information worth knowing on a
single screen
Ø Plays a crucial role in understanding how Stocks/Portfolio will trend based on news sentiments in real time.
Ø Allows you define target price, date and risk preferences to bring out the best, optimum, low risk strategies for
you along with easy-to-understand payoff statistics
Ø Heat Map helps you gauge the stock as per news sentiments & depicts co-relation with stock price
movement.
Ø Keeps you updated with all important business event in the world that may impact your strategies.
Key Features of Trade Booster are as follows:
News Pulse:
Company Dashboard:
Trend Matrix:
Strategy:
HeatMap:
Event Calendar:
5
For more information visit http://www.rsec.co.in/faq/Max-Multiplier
Customer Service Team
The number of client requests serviced in the month of Jan’ 14
% of client requests serviced within defined TAT
21877
98%
Customer Service Performance - E-mail
You can now view real time news, financial information, coverage of companies through New Insta Plus by following the below mentioned steps:-
A. Login to New Insta Plus
B. Click on “Trade Booster”
C. Click on “News”
Self Help Tips
The number of Service Calls received in Jan 14 (CNT & Helpdesk)
% of Calls Answered
33132
95%
Customer Service Performance - Call
6
Client has appreciated for giving satisfactory Services.
- Sanjay Pandey– Feb 05, 2014
Client has appreciated ,agent was very helpul,understanding and excellent in communication
- Vikas Purushottam Sharma,Jan 20, 2014
Client has appreciated for understanding his Queries and giving Quick response.
- Gaganraghavareddy Annamreddy– Feb 05,2014.
Terms & condition apply
For more information:
022-39886000, 22866000, 33506000www.rsec.co.in
Awareness Tip
Please do not share your Account Details with any one
For more information:
Visit Our Branch
SMS <RSEC CD> to 53636022-3988 6000www.rsec.co.in
Disclaimer at the last page
Currency Research Desk
Fundamental Outlook
The Indian Rupee appreciated by 1.40% in the month of February and closed at 62.21. While
Rupee mainly appreciated against dollar and further expecting to gain as Indian Industrial
Production data released better than what most participants expected. Also, huge dollar inflows
after banks re-opened following a strike may also under prop rupee. Ahead of Strengthening Indian
equities is also expected to support rupee in short-term. If observe the last six months, the Indian
economy remained quite stabilize as found Indian Rupee edged in the range while government
somewhat remain successive to control Rupee fluctuation. Indian Wholesale Price Index data also
played the vital role to appreciation for the Indian Rupee ahead of the Inflation data released at
5.05% against the 6.15% leads the Improvement in the economy to strengthen the single currency.
In the future Major eye sees on election result that would impact likely for the single currency to
move either the direction till that expecting it would remain in consolidation zone only.
Janet Yellen, taken charge as Federal Reserve chairman in the last month with her policy committee and sees few risks that could derail a
plan to steadily reduce the Fed’s bond purchases. Further she indicated as U.S economy improving gradually along with struggle of the
overall turmoil in emerging markets to remain fragile likely. Fed Chair Yellen repeated the Fed’s plan to scale back stimulus in measured steps
and said that only a notable change in the outlook for the economy would prompt a change of course. She also said it’s important for us to take
our time to assess the significance of recent reports showing payrolls expanded less than projected.
USD INR Daily Chart
The Rupee strengthens by Rs 1.40% and traded sideways to higher movement in the month of February. It was seen hovering in the range
bound movement between the range of INR 61.90 to 63.10, with a strong support at the level of INR 61.70 and a resistance at the level of INR
63.65. As per the technical charts, USDINR headed in an upward trading range of higher the high and higher the low pattern in between the
short symmetrical triangle in the daily chart
pattern, while taking support from the lower
support line, seen consolidating in the
narrow range to sideways higher in weekly
chart and settling in between INR 61.92 and
61.38 per dollar which is support trend line of
symmetrical triangle. Stochastic technical
Indicators expects the trend to remain bullish
for short term till the level of 63.00 as
mentioned red arrow in the chart. We can
expect slight pull back towards INR
63.0–63.20, which should be considered a
selling opportunity for coming sessions if any
rise towards INR 63.20 should be a selling
opportunity for short term, with an initial
target of 62.20 per dollar and then 61.80 per
dollar. On charts, we can see substantial
resistance at 63.00 and 63.38 as mentioned
with red arrow.
Overall near term scenario looks choppy or sideways between the narrow ranges in the symmetrical triangle zone. A monthly movement is
likely to remain in the range of 61.50 to 63.60. Overall swing trading would be preferable in this month while anything close above the level of
INR 63.40 could remain witness for the upward trend continuous.
Technical Outlook:
7Disclaimer: This report is prepared exclusively for Reliance Commodities. The information and opinions contained in the document have been compiled from sources believed to be reliable. Use of data and information contained in this report is at your own risk. This document is not, and should not be construed as, an offer to sell or solicitation to buy any commodity. Reliance Commodities Ltd. do not accept responsibility for any losses or damages arising either directly or indirectly from the use of this document.
Disclaimer: “RELIANCE MY GOLD PLAN” is offered by Reliance Money Precious Metals Pvt. Ltd. Reliance Securities is offering such products as distributor only and it shall not be held responsible for any financial loss / liability.
Reliance My Gold Plan launches Fulfillment Payment via Cash
Reliance My Gold Plan
In addition to the Online & cheque payment modes, customers of Reliance My Gold Plan whose tenure has matured can now make their
fulfillment related payments via Cash mode at Itz Cash, our authorized Cash collection partner.
All you need to do is visit the nearest Itz Cash outlet and quote your Reliance My Gold Plan customer ID. The total amount due as per the
Maturity Advice will be displayed on the system. Itz Cash will charge a flat convenience fee of Rs. 20/- plus service tax, irrespective of the total
fulfillment amount due to be paid.
Just send RMGP <space> <PINCODE> to 57575. An SMS reply will be sent to you containing details of the Itz Cash outlets that accept
payment for Reliance My Gold Plan nearest to the pin code mentioned by you.
Just visit
and select the type of service as RMGP along with mentioning other
relevant details like Pin code, e-mail ID. The details of the Itz Cash outlets that accept payment for Reliance My Gold Plan nearest to
the pin code mentioned will be displayed as a result.
Just visit and authenticate yourself with your Reliance My Gold Plan customer ID and
Date of Birth OR e-mail id OR mobile number. The amount to be paid for fulfillment will be displayed. This payment can be done online via
Credit Card, Debit Card or Net Banking. Upon successful transaction, an acknowledgement receipt will be sent to your registered e-mail ID
which you can save for your records.
Just visit the nearest CAMS outlet along with the Maturity advice & cheque favoring Reliance My Gold Plan customer ID XXXXXX. The
amount on the cheque should be the same as the Total amount due as mentioned on the Maturity Advice. The CAMS branch will accept the
cheque and issue an acknowledgement receipt which you need to keep for your records.
Upon successful realization of all fulfillment related payments via any of the above payment modes, the gold coin(s) shipment/jewelry
fulfillment voucher will be delivered within 15 working days.
Reliance My Gold Plan is brought to you by Reliance Money Precious Metals Pvt. Ltd in association with World Gold Council.
Reliance My Gold Plan is brought to you by Reliance Money Precious Metals Pvt. Ltd in association with World Gold Council.
Do you wish there was a way to mitigate rising inflation as well as accumulate assets?
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Existing modes to make fulfillment related payments:
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SMS
Web
Online
http://www.reliancemgp.com/fullfillment-pay.aspx
Cheque/DD
https://www.itzcash.com/consumer/jsp/customerICWInquiry.jsp
Reliance My Gold Plan Reliance My Gold Plan
For more information:
Visit Our Branch
SMS <RSEC GOLD> to 53636022-3988 6000www.reliancemgp.com
8
Positive flows enabled assets of the fund industry to grow in the month of January 2014 marking a positive start to the calendar year 2014.
However, the growth does not come in as a surprise as it a recurring phenomenon seen in the month following the quarter end. It is mainly
the flows that come in from banks and financial institutions that are usually seen withdrawing their investments during quarter end to meet
tax obligations and return in the following month. The overall assets under management clocked gains of 9.4% on a month on month basis
to cross the 900,000 level to end at Rs 902,880 crores in January 2014 as compared to Rs 825,465 crores in the month of December. The
industry witnessed inflows totalling to Rs 83,534 crores in January 2014 as against outflows of Rs 74,953 crores in the month before. While
majority of the flows have been coming in from the debt categories, the equity funds which have always been in the limelight for the
sustained outflows have seen inflows for the last three consecutive months. Investors have normally been seen buying at market lows and
given the S&P BSE Sensex tumbled close to 3% in the month of January simply justifies this logic.
Debt funds continue to dominate the fund industry assets with a share of close to 80% and pretty much responsible for the overall AUM
trend. The month of January was also no exception with majority of the flows coming in from the debt categories especially the liquid and
money market funds. The liquid and money market category saw its asset base inflate close to 43% to Rs 258,980 crores. The Income fund
category, largest by market share, witnessed a subdued growth for the month. The assets grew by 1.8% with inflows amounting to Rs 5,905
crores.
While the fall in equity market performance has hit the overall AUM growth, it has on the other hand led to inflows in equity category as
investors are viewing every fall in the markets as an opportunity to invest.
With the S&P BSE Sensex index tumbling just over 3% the equity fund category AUM fell by 3.9%. On the other hand, the category
registered net inflows of Rs 496 crores during the month of January 2014 as compared to net inflows of Rs 1,059 crores in the month of
December 2013. This is the third consecutive month when the equity category has seen net inflows. On the other hand, the Balanced and
ELSS categories not only saw net outflows but also reported a fall in their AUM growth on a month on month basis. The ELSS category has
clearly fallen out of favour even during the tax season due to its equity exposure.
Mutual Fund Desk
Mutual Fund Update:
9
Recommended Mutual Fund Schemes
Volatility (3 Years)CAGR Returns (%)Absolute
Data as on 29th Nov 2013
Equity Funds:
Scheme Name AUM (Cr.)
Birla SL Frontline Equity Fund 3,707 9.75 2.89 6.48 20.60 13.52 1.12 0.08
Franklin India Bluechip Fund 4,649 7.60 -1.65 4.30 19.47 9.61 0.77 -0.04
ICICI Pru Focused BlueChip Eq Fund 4,662 9.99 4.42 7.24 22.35 10.23 0.84 0.23
S&P BSE 100 6.38 -0.34 3.03 16.90
Franklin India Flexi Cap Fund 1,521 13.69 1.86 5.26 20.90 11.92 0.98 -0.09
HDFC Equity Fund 10,005 14.29 -3.39 1.87 22.75 13.35 1.02 -0.19
ICICI Pru Dynamic Plan 3,556 20.07 10.07 7.69 21.82 10.39 0.83 0.07
Reliance Equity Opportunities Fund 5,067 17.13 1.50 8.83 28.10 13.70 0.94 0.18
S&P BSE 500 7.35 -2.17 1.70 16.94
HDFC Mid-Cap Opportunities Fund 3,017 20.90 7.29 10.59 27.57 10.96 0.73 0.22
ICICI Pru Discovery Fund 2,894 20.13 2.62 7.70 29.26 13.60 0.99 0.09
IDFC Sterling Equity Fund 1,333 12.67 -1.60 6.40 24.70 12.82 0.89 0.02
SBI Emerging Businesses Fund 1,239 7.92 -10.31 13.02 30.98 14.22 0.66 0.53
S&P BSE Mid-Cap 13.80 -9.51 -2.79 16.46
6 Mnths 1 Year 3 Years 5 Years SD Beta Sharpe
Mutual Fund Desk
Data as on 31st Jan 2014
Model Portfolios:
Aggressive Model Portfolio: This is recommended for individuals who are willing to take high financial risk and can tolerate higher degrees of
fluctuation (sharp, short term volatility) in the value of investments for the possibility of achieving greater long term capital appreciation.
Moderate model Portfolio: This is an intermediate risk and return portfolio that provides a blend of equities and income - oriented schemes. It
aims to provide capital appreciation commensurate to the risk taken over medium to long term.
Conservative Model Portfolio: This portfolio is geared towards preserving capital. A minimal risk investment strategy is used. Seeks to hold –
but not necessarily guarantee – the principal value of an investment.
Recommended Model Portfolios by Mutual Fund Team
Debt Funds:Scheme Name Absolute CAGR Average Maturity (Years)
AUM(Cr.) 1 Month 3 Months 6 Months 1 Year 3 Years Average Maturity Modified Duration YTM
Birla SL Dynamic Bond Fund 11,312 0.71 1.87 4.50 6.52 8.97 9.85 NA 2.59
Templeton India ST Income Plan 7,826 0.66 2.05 5.72 8.71 9.42 10.88 1.75 1.58
Crisil Short Term Bond Fund Index 0.68 1.99 5.31 8.25 8.55
IDFC Dynamic Bond Fund 5,592 1.27 0.35 0.97 4.28 9.42 8.91 4.52 3.23
Reliance Dynamic Bond 6,002 0.80 0.66 2.86 3.97 8.79 8.87 6.04 3.81
Crisil Composite Bond Fund Index 0.78 1.24 3.28 3.50 6.96
Birla SL Cash Plus 22,827 0.75 2.30 5.09 9.35 135.46 8.83 NA 0.10
HDFC Cash Mgmt-Savings 6,681 0.74 2.29 5.01 9.25 9.28 8.76 0.07 0.07
Crisil Liquid Fund Index 0.69 2.16 5.26 9.08 8.59
Source: Morningstar, Ace MF
For more information:
Visit Our BranchSMS <RSEC MF> to 53636022-3988 6000
Step 1: https://trade.rsec.co.in/
Step 2: Select Investment Offering > Mutual Fund > Choose a Fund of your choice
How to Invest online in Mutual Fund
Disclaimer at the last page
10
Mutual Fund Schemes Scheme Theme Aggressive % Moderate% Conservative%
Reliance Equity Opportunities Fund Diversified 15% 15% 5%
HDFC Equity Fund Diversified 15% 10% 5%
Franklin India Bluechip Fund Large cap 15% 10% 10%
ICICI Pru Focused Bluechip Fund Large cap 10% 10% 5%
IDFC Sterling Equity Fund Mid cap 10% 5% Nil
HDFC Mid Cap Opportunity Fund Mid cap 10% Nil Nil
Templeton India ST Income Fund Short term income Nil 10% 15%
IDFC Dynamic Bond Fund Long term income 5% 5% 15%
Birla Sun Life Dynamic Bond Fund Medium Term Income 10% 10% 15%
1 Year FMP Short term FMP Nil 10% 15%
HDFC Cash Mgmt Fund-Savings Liquid 5% 10% 10%
Gold Fund Gold Fund 5% 5% 5%
EQUITY 75% 50% 25%
DEBT 25% 50% 75%
Total 100% 100% 100%
Mutual Fund Desk
Fixed Maturity Plans (FMP’s) our Recommendation:
Disclaimer:
For further information please contact:
Registered Office: Reliance Securities Limited, 11th Floor, R-Tech IT Park, Western Express Highway, Goregaon (East), Mumbai - 400063. Tel: +91 22 3320 1212.
This document is meant for the customers of Reliance Securities Limited only. In case you are a non resident, please note that you need to comply with the relevant local laws of the country of your residence, before investing. Mutual Funds and securities investments are subject to market risks, and there is no assurance or guarantee that the objectives of the Scheme will be achieved. As with any investment in securities, the Net Asset Value (NAV) of the Units issued by Mutual Fund Schemes can go up or down depending on the factors and forces affecting the securities market. There are no assurances or guarantees that the objectives of any of the mutual fund schemes will be achieved. The investments may not be suited to all categories of investors. Please read the Scheme Information Document and Statement of Additional Information of the respective mutual fund carefully before investing.The views herein constitute only the opinions and do not constitute any guidelines or recommendation on any course of action to be followed by the readers. This information is meant for general reading purpose only and is not meant to serve as a professional investment guide for the readers. This document has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. Reliance Securities Limited (RSL) or its directors, employees, affiliates or representatives do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of such information. Due care has been taken to ensure that the disclosures and opinions given fair and reasonable. No action has been solicited based upon the information provided herein, and the information is not intended to be an offer or solicitation for the purchase or sale of any financial product or instrument. Recipients of this information should rely on information/data arising out of their own investigations. Readers are advised to seek independent professional advice and arrive at an informed investment decision before making any investments. None of the directors, employees, affiliates or representatives of RSL shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way whatsoever from the information contained in this material. RSL, the directors, employees, affiliates or representatives of RSL, associate companies, affiliates, and representatives including persons involved in the preparation or issuance of this material may from time to time, have long or short positions in, and buy or sell the securities thereof, of company(ies) / specific economic sectors / mutual funds, if mentioned herein.
Reliance Securities Limited,
11
Fund Tenure Opening Closing
Birla Sun Life FTP Series KL Reg 30 28-Feb 4-Mar
IDFC FTP Series 80 Reg 33 28-Feb 4-Mar
DWS FMP Series 51 Reg 369 24-Feb 4-Mar
ICICI Prudential FMP Series 73 366 Days Plan B Reg 366 28-Feb 4-Mar
JM FMF Series XXIV Plan C 367 20-Feb 4-Mar
Reliance FHF XXV Series 26 368 28-Feb 4-Mar
Religare Invesco FMP Series 22 Plan O (370D) Reg 370 3-Mar 4-Mar
Sundaram FTP FC Reg 369 24-Feb 4-Mar
Axis FTP Series 57 (397D) Reg 397 26-Feb 4-Mar
Birla Sun Life FTP Series KJ Reg 400 25-Feb 4-Mar
IDFC FTP Series 77 Reg 399 26-Feb 4-Mar
JP Morgan India FMP Series 33 Reg 398 3-Mar 4-Mar
L&T FMP Series X Plan M 398 26-Feb 4-Mar
IDFC FTP Series 82 Reg 91 28-Feb 5-Mar
IDFC FTP Series 81 Reg 368 28-Feb 5-Mar
DSPBR FMP Series 150 13 Months Reg 395 3-Mar 5-Mar
ICICI Prudential FMP Series 73 407 Days Plan C Regular Fund 407 3-Mar 5-Mar
IDBI FMP-Series IV 542D (February 2014) F Reg 542 25-Feb 5-Mar
Sundaram FTP FD Reg 397 25-Feb 5-Mar
Axis Yearly Interval Series 3 Regular 367 28-Feb 6-Mar
Birla Sun Life FTP Series KM Reg 368 4-Mar 6-Mar
ICICI Prudential FMP Series 73 368 Days Plan D Regular Fund 368 3-Mar 6-Mar
Kotak FMP Series 144 Reg 371 3-Mar 6-Mar
Axis FTP Series 58 (1124D) Reg 1124 26-Feb 6-Mar
Birla Sun Life FTP Series KP Regular Fund 405 5-Mar 6-Mar
DSPBR FTP Series 38-25 Months Reg 761 21-Feb 6-Mar
DWS FMP Series 53 Reg 396 5-Mar 6-Mar
Reliance FHF XXV Series 31 395 5-Mar 6-Mar
Religare Invesco FMP Series 23 Plan A (13M) Reg 395 4-Mar 6-Mar
UTI Fixed Term Income Series XVII-XVII (395D) Regular 395 28-Feb 6-Mar
IDBI FMP-Series IV 91Days (March 2014) H Regular 91 6-Mar 10-Mar
DSPBR FMP Series 151 12 Months Reg 365 5-Mar 10-Mar
Religare Invesco FMP Series 23 Plan B (367D) Regular Fund 367 7-Mar 10-Mar
Axis FTP Series 59 (391D) Reg 391 4-Mar 10-Mar
Axis FTP Series 61 (1122D) Reg 1122 7-Mar 10-Mar
Birla Sun Life FTP Series KO Regular Fund 399 7-Mar 10-Mar
DWS FMP Series 54 Reg 392 7-Mar 10-Mar
DWS FMP Series 56 Regular Fund 415 7-Mar 10-Mar
ICICI Prudential FMP Series 73 1140 Days Plan E Regular Fund 1140 3-Mar 10-Mar
Kotak FMP Series 145 Regular Fund 390 6-Mar 10-Mar
Mutual Fund Desk
Corporate Fixed Deposits are Fixed Deposits placed by investors with companies for a fixed term carrying a prescribed rate of interest. The
companies in turn use these funds to fulfill their capital requirement from time to time.
Corporate FDs are attractive investment avenue for conservative investors who do not want to take the risk of vagaries of stock market.
Corporate FDs also offer higher interest rates than normal bank FDs.
However unlike Bank FDs your investment in Corporate FD is not guaranteed by Govt of India or RBI or by any government sponsored
agencies.
Ignore the unrated Company Deposit Schemes: Chose only AA+ and above rated FD issuing corporate .Within a given rating grade, choose
the company with a better reputationIt is better to make shorter deposit of around 1 year to 3 years check on the servicing standards of the
company before investingBased on our research, we recommend the following Corporate FDs to suit your requirements.
How to choose a good Corporate FD Scheme?
Corporate Fixed Deposits (FDs)
Non Cumulative Scheme Cumulative Scheme
Period (Months) Half Yearly Quarterly Interest Yield
12 9.00% 8.90% 9.25% 9.25%
18 - - 9.75% 10.07%
24 9.75% 9.65% 10.00% 10.50%
36 10.00% 9.90% 10.25% 11.34%
48 9.50% 9.40% 9.75% 11.27%
60 9.50% 9.40% 9.75% 11.85%
Mahindra Finance Co. Ltd Fixed Deposit
Period (Months) Non Cumulative Scheme Half Yearly Yearly (p.a.) Cumulative Scheme
12 Yearly (p.a.) 9.05% 8.95% Interest p.a.
24 9.25% 9.52% 9.41% 9.25%
36 9.75% 10.47% 10.34% 9.75%
48 10.75% 10.47% 10.34% 10.75%
60 10.75% 10.47% 10.34% 10.75%
Shriram Transport Finance
Period (Months) ROI
12 8.75%
18 8.75%
24 9.00%
36 9.25%
60 9.50%
LIC Housing Finance
HDFC Platinum Deposits
Period (Months) Monthly Quarterly Plan Half-Yearly Annual Cum. Int
15 9.05% 9.10% 9.20% - 9.40%
33 9.05% 9.10% 9.20% 9.40% 9.40%
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For more information:
Step 1: https://trade.rsec.co.in/
Step 2: Select Investment Offering > Corporate FD > Choose a FD of your choice
How to Invest online in Corporate FDs
Disclaimer at the last page
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Stock Support and Resistance Levels for Trading
CORNER
The Parabolic Stop and Reverse (SAR) indicator combines price and time components to generate buy and sell signals. The Parabolic
SAR is also effective as a tool to determine where to place stop loss orders.
The chart below of the 100 ounce Gold futures contract is a good illustration showing buy and sell signals generated by the Parabolic
Stop and Reverse (SAR) technical indicator:
Buy when the price closes above the upper Parabolic SAR. When the Parabolic SAR changes from being above price to below
price, then the stock, futures, or currency trader should "stop" and buy to cover their existing shortsell and "reverse" direction
and buy to go long.
A sell signal is generated when the price closes below the lower Parabolic SAR. At the time that the Parabolic SAR changes from
being below price to being above price, the trader should "stop" and sell to exit their existing long trade and "reverse" direction and
sell to go short.
Parabolic SAR (PSAR) is not used as a primary tool for making Buying and Selling, but of course it is a very important tool used by the
Technical Strategists. More tools will be covered in the upcoming months.
Log in to Rsec > Marketwatch > Advance tools >Charts > Indicators > Parabolic SAR (PSAR)
Parabolic SAR Buy Signal
Parabolic SAR Sell Signal
Where do I get it:
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Parabolic SAR
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