Nifty Crosses 6000 Mark After A Quarter Periods

Key Indices

Bse Sensex Major Resistance on Upside at 20916-21185-21453

Bse Sensex Major Support on Downside at 20200-19753-19484

Trend Deciding Level for Bse Index at 20469

Nifty Spot Major Resistance on Upside at 6206-6295-6384

Nifty Spot Major Support on Downside at 5964-5811-5722

Trend Deciding Level for Nifty Spot at 6053

Corporate Highlights

  • SBI decides to revise rates upwards; hikes base rate by 10 bps to 9.8%
  • Yes Bank gains 60 percent in the last 11 trading sessions
  • Ashoka Buildcon JV signs concession agreement with TN govt for road project
  • YC Deveshwar sells 10.8 lakh shares in ITC on Sept 11-12
  • Rupee ends at 61.77/USD vs 63.38/USD on Wednesday

Market Weekly Round Up

  • The Nifty spot closed in the positive note yesterday, up by 216 points at 6115. In excess of the next couple of days it is expected to trend up till 6180. In this epoch the key support will be near 6045 and resistance will be at 6142.
  • The Nifty has been forming higher tops and higher bottoms of tardy. It has also taken support at a downward sloping trend line on the daily chart which will act as a very vital support, ie 5800. The short-term preconception for the Nifty remains positive for a target of 6230 with reversal around 5780. The medium-term outlook remains positive because the Nifty has retraced 61.8 percent of the previous rally from 4770 to 6229 and is trading above the Twenty-weekly moving average (WMA) and the Forty-WMA, ie 5820 and 5744 respectively. The momentum indicator on the daily and the weekly chart has also given a positive crossover with a positive divergence.
  • Laying on the daily chart the index is trading above the Twenty-daily moving average (DMA) and the Forty-DMA, ie 5631 and 5706 respectively. The momentum indicator is trading in positive mode.
  • Going on the hourly chart, the Nifty is trading above the Twenty-hourly moving average (HMA) and the Forty-HMA, ie 5937 and 5908 respectively, which are crucial intra-day levels. The hourly momentum indicators have turned positive. The market breadth was positive today with 833 advances and 347 declines on the National Stock Exchange {NSE}.
  • Nse Nifty Fut Major Resistance on Upside at 6188-6233-6278
  • Nse Nifty Fut Major Support on Downside is at 6085-6027-5982
  • Trend Deciding Level for Nifty Fut at 6130
  • Nse Bank Nifty Fut Major Resistance on Upside at 11351-11500-11649
  • Nse Bank Nifty Fut Major Support on Downside at 10989-10776-10627
  • Trend Deciding Level for Bank Nifty Fut at 11138
  • 5 Daily Moving Average @ 5911
  • 50 Daily Moving Average @ 5718
  • 200 Daily Moving Average @ 5840
  • 5 Days Relative Strength Index @ 88 and 14 Days Relative Strength Index @ 69 INDICATES NIFTY PLACED IN BULLISH ZONE, WITH BULLISH MOMENT

Today Intraday Stock Tips

Buy Nifty Fut Nse Sep Above 6160 sl 6135 Tgt 6185-6210 {Or} Sell Nifty Fut Nse Sep Below 6110 sl 6130 Tgt 6085-6060

Buy Bank Nifty Fut Nse Sep Above 11250 sl 11200 Tgt 11300-11350 {Or} Sell Bank Nifty Fut Nse Sep Below 11150 sl 11200 Tgt 11100-11050

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Franklin India Prima Plus Fund

 Fund Snap Shot & Benefits

FrMutual Fund Advisory servicesanklin India Prima plus Fund is an open end growth scheme with an objective to provide growth of capital plus regular dividend through adiversified portfolio of equities, fixed income securities and money market instruments.

  Investment Option

It is an Open-Ended scheme the minimum investment is Rs. 5,000 {Multiples of Rs. 1/- thereafter}

Systematic Investment Plan {S.I.P} Rs. 1,000/- {Multiples of Rs. 1/- thereafter}

 

Load Structure

Entry load – Nil

Exit load: 1% If Exit before 12 months.

This Fund Offers Investment in Growth, Dividend, Dividend Re-Investment Options. Systematically we can withdraw while this type of feasibility option the minimum investment is Rs. 25,000. We can withdrawal Rs. 1,000 per month as per fund rules and regulations.

Funding Structure

The Fund invests in 94.97% in Equity related investments. Cash/Call sector allocation they invest 4.98%. Debt market allocations it invest 0.04% as below we can seen they investment as per companies wise

1 Bharti Airtel 5.10%
2 Infosys 7.75%
3 Rpl 5.35%
4 Dr. Reddy Labs 4.89%
5 Icici Bank 4.63%
6 Hdfc Bank 4.44%
7 Grasim Industries 3.62%
8 Torrent Pharma 2.63%
9 Tcs 2.50%
10 Indus Ind Bank 2.47%

We can see Debt Schemes wise Investment and also ALLOCATION OF FUNDS IN SECTOIAL WISE {as on 31 August’2013}.

1 Banking/Finance 17.97%
2 Pharmaceuticals 13.89%
3 Information Technology 10.86%
4 Telecommunications 7.76%
5 Oil & Gas 7.16%
6 Cement & Constructions 6.00%
7 Automotive 3.46%
8 Auto Ancillaries  5.22%
9 Others/Unlisted 21.50%

Fund Returns

This fund is returns in a past year not satisfactory but those who invest more than 5 years given good returns. As per Franklin India Prima Plus Fund Growth Option we can seen the Returns as below

  • From Fund Stating Date to till today the fund given returns: 18.17%
  • Past 5 Years the fund given returns: 10.02%
  • Past 3 Years the fund given returns: 0.99%
  • Past 1 Year the fund given returns: 5.73%
  • As per 52 weeks NAV on 15 January’2013 the fund recorded Highest NAV recorded for this fund is 259.26
  • The Lowest NAV recorded for this fund is 218.03 as on 28 Aug’2013.

Investing thorough Systematic Investment Plan (SIP) of Rs. 2000 from September 2003 till we invest today Rs.2, 42,000. This Mutual Fund Information as per 13 Sep ‘2013 you get 2,126 Units the investment amount as per market value {NAV} Rs. 5,04,656.70 Ps.

Fund Details

Date of Announce: 29 September’1994

Fund Manager:  Mr. Anand Radha Krishnan & Mr. R. Janakiraman

Nav: Growth Option: 237.27; Dividend Option: 22.83 {As Per 13 Sep’2013}

Fund Type: Equity; Large and Mid Cap

Guidelines: Cnx 500

Amount in Funding: Rs. 1759.12 Crores {As on 30 June’2013}

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