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Fundcard

Canara Robeco Short Term Inst


Value Research Fund Rating as on Nov 30, 2012

Open-end and Debt: Short Term

Risk Grade Return Grade NAV Net Assets*


* Quarterly Average

Low Above Average Rs. 13.32 as on Dec 4, 2012 Rs. 247.2 crore as on Sep 30, 2012

The contents of this Value Research Fund Card (the "Fund Card") published by Value Research India Private Limited are not intended to serve as professional advice or guidance and the publisher takes no responsibility or liability, express or implied, whatsoever for any investment decisions made or taken by the readers of this Fund Card based on its contents thereof. You are strongly advised to verify the contents before taking any investment or other decision based on the contents of this Fund Card. The Fund Card is meant for general reading purposes only and is not meant to serve as a professional guide for investors. The readers of this Fund Card should exercise due caution and/or seek independent professional advice before entering into any commercial or business relationship or making any investment decision or entering into any financial obligation based on any information, statement or opinion which is contained, provided or expressed in this Fund Card. The Fund Card contains information, statements, opinions, statistics and materials that have been obtained from sources believed to be reliable and the publishers of the Fund Card have made best efforts to avoid any errors and omissions, however the publishers of this Fund Card make no guarantees and warranties whatsoever, express or implied, regarding the timeliness, completeness, accuracy, adequacy, fullness, functionality and/or reliability of the information, statistics, statements, opinions and materials contained and/or expressed in this Fund Card or of the results obtained, direct or consequential, from the use of such information, statistics, statements, opinions and materials. The publishers of this Fund Card do not certify and/or endorse any opinions contained, provided, published or expressed in this Fund Card. All disputes shall be subject to the jurisdiction of Delhi courts only.

Canara Robeco Short Term Inst


Rating: Risk: Low Return: Above Average
Fund (Rebased to 10,000)
NSE Treasury Bill

Fund Performance Vs NSE Treasury Bill

History
NAV (Rs) Total Return (%) +/- NSE Treasury Bill (%) Rank (Fund/Category) 52 Week High (Rs) 52 Week Low (Rs) Net Assets (Rs.Cr) Expense Ratio (%)

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

10.53 10.53 10.00 404.26 -

11.09 5.34 0.87 5/24 11.09 10.53 132.27 -

12.17 9.74 2.41 14/166 12.17 11.10 175.28 -

13.32 9.38 1.55 11/45 13.32 12.18 145.28 -

Top Holdings
Company Sector Instruments % Assets

Quarterly Returns (%)


Q1 Q2 Q3 Q4 Year

Indian Oil Corp. Punjab National Bank Vijaya Bank Power Finance Corp. Piramal Enterprises ICICI Bank Rural Electrification Kotak Mahindra Prime HDFC Cholamandalam Invest. & Fin. Power Grid Corp. Export-Import Bank Sterlite Industries NTPC Tata Capital Financial Services Sundaram Home Finance ICICI Home Finance Company Sundaram Finance L I C Housing Fin. Others

Energy Financial Financial Services Healthcare Financial Energy Financial Financial Financial Energy Financial Metals Energy Financial Others Financial Financial Financial Others

Commercial Paper Certificate of Deposit Certificate of Deposit Debenture Commercial Paper Certificate of Deposit Debenture Debenture Debenture Commercial Paper Debenture Debenture Debenture Debenture Debenture Commercial Paper Debenture Debenture Debenture Net Payables

10.95 8.63 7.58 5.57 5.35 5.19 3.39 3.36 3.34 3.06 2.28 2.26 2.24 2.23 2.23 2.08 1.90 1.80 1.12 -0.43

2012 2011 2010 2009 1998

2.43 2.29 1.21 -

2.61 2.54 1.63 2.61 -

2.61 2.31 0.99 1.44 -

2.26 1.40 1.18 -

9.74 5.34 -

Trailing Returns (%)


Return Fund Category Rank Fund/Cat
NSE G-Sec Composite
NSE Treasury Bill

Year-to-Date 11/45 7.65 9.38 9.10 1-Week 0.17 0.20 39/46 0.33 1-Month 0.66 0.70 36/46 0.54 3-Month 2.31 2.41 37/46 2.16 6-Month 4.85 5.06 38/46 4.01 1-Year 10.24 9.92 10/45 9.79 2-Year 9.81 9.26 3/42 6.20 3-Year 8.22 7.77 5/36 4.52 5-Year Return less than 1-year are absolute and over 1 year are annualised

7.83 0.12 0.67 2.00 4.02 8.46 7.93 6.78 -

Credit Rating Break-up


% of Assets

Risk Analysis
Volatility Measurements

Portfolio Characteristics
Total Securities Avg Maturity (Yrs.) Avg Maturity 52 W High (Yrs.) Avg Maturity 52 W Low (Yrs.) Avg Credit Rating 19 1.61 1.67 0.49 AAA

High Medium Low High Medium Low

FUND STYLE Credit Quality

GOI Securities AAA/P1+ AA A and Below Unrated TBills CDs/STD Cash Equivalent Net Recbl/Payable Others

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Standard Deviation Sharpe Ratio

0.50 5.80
% of Assets

Top Instrument Break-up


Debenture CBLO Commercial Paper Certificate of Deposit Net Payables 31.72 25.87 21.44 21.40 -0.43

Returns as on December 4, 2012, Portfolio related data as on October 31, 2012

Interest Rate Sensitivity

Best Performance YEAR


10.51%

Value Research Analysis


Not a chart topper, it stays in vicinity of the category average. Launched just before the rising interest rate scenario, it has seen 14 repo rate hikes since its launch. The fund manager has refrained from taking duration calls and the average maturity of the portfolio has never exceeded two years in its entire history, going above one year only on 10 occasions. Compared to other short-term funds, it follows a relatively conservative stance by keeping its maturity on the lower side. It went to as low as 18 days in February 2011. As the liquidity crunch pushed up short-term rates, the fund benefited from its exposure to lower maturity papers. In the first quarter of this year, the fund beat its category by a margin of 20 bps. The portfolio appears slightly concentrated in the top holdings but there is no compromise on quality. Money markets instruments like Commercial Paper (CP) and Certificates of Deposit (CD) have dominated the portfolio with a recent renewed interest in debentures. Its expense ratio is slightly on the higher side in comparison to its peers.

Fund Objective & Strategy


The scheme aims to generate income through investment in short to medium term debt and money market securities. Investments in debt and government securities will normally not exceed 40 per cent.

QUARTER 3.01%

MONTH 1.46%

Portfolio Manager

Worst Performance
YEAR 4.92%

Akhil Mittal Since Mar 2011

Suman Prasad Since Apr 2011

QUARTER 0.95%

MONTH 0.06%

Investment Information
AMC Website Registrar Launch Benchmark Plans (NAV) : Canara Robeco Asset Management Company Ltd : www.canararobeco.com : Karvy Computershare Pvt Ltd. : March 2009 : Crisil Liquid Min Investment (Rs.) : 10000000 Min SIP Investment (Rs.) :Exit Load : 0.75% for redemption within 180 days

All the graphs are rebased to 10,000

: Dividend Monthly (10.13) , Dividend Weekly (10.05) , Growth (13.32)

NAV

NSE Treasury Bill

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How to Read the Fundcard - Debt


Value Research Rating, Risk and Return

Fund Rating The Value Research Fund Rating is a 1 to 5 star rating that is based on the returns that a fund has generated over the previous eighteen months, while taking into account the risks that the fund has taken. This rating is relative to other fund of the same type. Risk Grade A five-step grading of the riskiness of a fund, based on the losses it has suffered during the past eighteen months. This grade is relative to other fund of the same type. Returns Grade A five-step grading of the returns of a fund. This grade is relative to other fund of the same type.

History
Data on the funds performance since its launch. NAV (Year End) The last NAV of each year. Total Return The percentage returns that an investor would have got over the year. +/- In the given year, a comparison of the funds returns with that of a comparable index Rank The funds performance rank within its category for the year and the total number of funds out of which it has been ranked. 52-Week NAV Range The highest and the lowest NAV that the fund recorded during that year Net Assets The total amount of investors assets that the fund was managing at the end of the year. Expense Ratio The percentage of the average daily assets that the fund charged as its management expenses during the year.

Fund Performance Vs Index


HDFC Cash Management Fund - Savings Plan
Rating: Risk: Below Average Return: Above Average
Fund Ultra ST Bond (Rebased to 10,000)

Fund Performance Vs Ultra Short-term Bond Index


20000 17500 15000 12500 10000

Graph of how an investors money would have grown in the fund since its launch. A similar graph of the funds benchmark index is also given. For ease of comparison, both have been adjusted to start at 10,000.
2003 2004 2005 2006 2007 2008

History
NAV (Rs) Total Return (%) +/-NSE T Bill (%) Rank (Fund/Category) 52 Week High (Rs) 52 Week Low (Rs) Net Assets (Rs.Cr) Expense Ratio (%)

1998

1999

2000

2001

2002

10.10 -

10.59 9.53 9/17 10.59 10.03 203.94 -

11.52 8.80 -0.19 7/26 11.52 10.59 707.77 0.49

12.34 7.17 0.72 10/28 12.34 11.52 315.12 0.70

13.01 5.40 -0.04 10/39 13.01 12.34 1001.45 0.58

13.62 4.66 0.02 6/36 13.62 13.01 2195.93 0.52

14.35 5.41 -0.37 8/35 14.35 13.62 1828.07 0.45

15.32 6.71 0.57 3/36 15.32 14.36 4769.91 0.34

16.57 8.20 0.33 3/42 16.57 15.33 2789.31 0.58

18.06 8.99 1.26 9/46 18.06 16.58 2463.22 0.57

Top Holdings
Company Sector Instruments % Assets

Quarterly Returns (%)


Q1 Q2 Q3 Q4 Year

Quarterly Returns (%)


The funds returns over each quarter of the last five years, along with the entire years returns.

112

Top Holdings
A detailed report on the latest investment portfolio that the fund is holding. For each security, the issuer, the sector, and the type of instrument are given. Also stated is the percentage of the funds investments that are invested in that security. For MIP funds, data on their equity holdings, if any, is also given. For each stock, the sector, the P/E ratio and the years returns are given.

ICICI Bank Financial Canara Bank Financial Vijaya Bank Financial Axis Bank Financial Reliance Capital Financial Corporation Bank Financial State Bank of Mysore Financial IDBI Bank Financial Oriental Bank Financial Yes Bank Financial Kotak Mahindra Bank Financial ABN-Amro Bank NV Financial State Bank of Bikaner Financial Idea Cellular Communication Carol Info Services Health Care State Bank of Hyderabad Financial Sundaram Finance Financial Federal Bank Financial State Bank of Travancore Financial Gitanjali Trading & Invest. Corp. Services IDBI Bank Financial Dr. Reddy's Holdings Financial SBI Factors & Commercial Ser Financial HDFC Financial Punjab National Bank Financial

Certificate of Deposit Certificate of Deposit Certificate of Deposit Certificate of Deposit Commercial Paper Certificate of Deposit Certificate of Deposit Certificate of Deposit Certificate of Deposit Certificate of Deposit Certificate of Deposit Certificate of Deposit Certificate of Deposit Structured Obligation Debenture Certificate of Deposit Debenture Certificate of Deposit Certificate of Deposit Structured Obligation Debenture Commercial Paper Commercial Paper Debenture Certificate of Deposit
FUND STYLE Credit Quality

13.51 8.19 8.18 4.58 4.53 2.83 2.80 2.77 2.58 2.35 2.03 2.02 2.00 1.93 1.89 1.62 1.50 1.40 1.40 1.32 1.26 1.22 1.22 1.18 1.01

2008 2007 2006 2005 2004

2.04 2.03 1.47 1.26 1.13

2.09 2.05 1.61 1.33 1.12

2.33 1.85 1.67 1.35 1.12

2.24 2.03 1.81 1.36 1.22

8.99 8.20 6.71 5.41 4.66

Trailing Returns (%)


Return Fund Category Rank Fund/Cat NSE G-Sec NSE T-Bill

Year-to-Date 8.99 8.31 9/46 20.78 1-Week 0.16 0.14 22/51 2.78 1-Month 0.70 0.64 20/51 9.97 3-Month 2.24 1.98 29/51 21.78 6-Month 4.62 4.17 15/48 26.28 1-Year 8.99 8.31 9/46 20.78 2-Year 8.60 7.92 5/42 12.77 3-Year 7.96 7.40 5/35 8.61 5-Year 6.78 6.33 4/32 5.13 Return less than 1-year are absolute and over 1 year are annualised

7.73 -0.66 0.30 2.03 4.08 7.73 7.80 7.25 6.43

Trailing Returns (%)


Performance data for various standard periods. All returns are in percentage. Periods greater than a year are annualised, shorter periods are not. Fund The funds own returns. Category The average returns for all funds in the category. Rank The funds rank, out of the total number of funds in the category Index The returns of two comparable indices.

Credit Rating Break-up


% of Assets

Risk Analysis
Volatility Measurements

GOI Securities AAA/P1+ AA A and Below Unrated TBills CDs/STD Cash Equivalent Net Recbl/Payable Others

0.00 80.09 3.77 0.00 1.89 0.40 0.00 13.85 0.00 0.00

Standard Deviation Sharpe Ratio

0.13 23.87

Top Instrument Break-up


% of Assets

Portfolio Characteristics
Total Securities Avg Maturity (Yrs.) Avg Maturity 52 W High (Yrs.) Avg Maturity 52 W Low (Yrs.) Avg Credit Rating 46 0.28 0.41 0.27 AA

Interest Rate Sensitivity

High Medium Low High Medium Low

Certificate of Deposit Cash/Net Current Assets Commercial Paper Debenture Structured Obligation Treasury Bills

63.64 13.85 8.25 8.19 5.67 0.40

Returns as on 31st December 2008, Portfolio-related data as on 30th November 2008

Fund Style
A nine-cell matrix of the overall style of investment that the fund follows, based on its latest portfolio. On the vertical axis, the three steps denote the weighted average maturity of the portfolio. The horizontal axis denotes, on a weighted average basis, credit quality of the portfolio.

Credit Rating Break-up


The proportion of the portfolio that is invested in instruments of different credit quality.

Top Instrument Break-up


The proportion of the funds holdings that are held in different types if fixed-income instruments.

Portfolio Characterstics
Aggregate measures of the funds investments. The average maturity of the funds portfolio, as well as the high and the low that this average maturity has hit during the past 52 weeks are given. Also given is the average credit rating of the portfolio.

Risk Analysis
A range of statistical measures that can be used to evaluate the performance, risk, and return of a mutual fund.

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