New Product Launch: Reliance Fixed Horizon Fund XXII Series 1

The latest product offering from our fund house is Reliance Fixed Horizon Fund XXII Series 1, a close ended income scheme with a tenure of 90 days.

Scheme Features:
NFO Opening Date : 29th March,2012
NFO Closing Date : 29th March,2012
Duration of this fund: 90 days from the date of allotment of units

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

DIVIDEND DECLARATION : SBI EMERGING BUSINESSES FUND

25% dividend in SBI MAGNUM SECTOR FUND UMBRELLA – EMERGING BUSINESSES FUND .

Record Date : 30th March 2012.

NAV AS ON 26th MARCH 2012 RS. 16.54

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

NFO launch: L&T FMP-VI (March371D A)-Invest Online Now

L&T Mutual Fund is pleased to announce the launch of L&T FMP – VI (March371D A) ,a Close Ended Income Scheme having a Tenure of 371 days.
Salient features of L&T FMP – VI (March371D A)
The Scheme will invest in a basket of debt / fixed income securities maturing on or before 371 days.
The Scheme has opened for subscription on March 27, 2012 and would close on March 27, 2012.
The Scheme is for 371 days and would mature on April 02, 2013. Please note that if maturity day of the scheme falls on a non-business day, the scheme would mature on next business day.
There is no Entry or Exit Load.
Minimum Application Amount : Rs. 5000/- and in multiples of Rs. 10/- thereafter.

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants pvt Ltd

IFCI Infra V- Closing date extended to 30-March 30, 2012

IFCI Long term Infrastructure bonds - Series V issue extended to 30-March 30, 2012.

Regards,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Notice - Bond Short Term exit load & FMP 42 dividend

Please find below notice for the following:
1. Change in exit load under Kotak Bond Short Term Plan;
2. Declaration of dividend under Kotak Fixed Maturity Plan Series 42.


Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

FMP Details(As on 22ND March 2012)

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

NBCC Revised Price Chart

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Extension of PFC Long Term Infra Bonds - Series 86

Please note that PFC Long Term Infrastructure Bonds Series 86 has been extended till 26th March, 2012.

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

MT Educare - IPO Details With Price Band

The Public Offer Details are as follows:

Issue Opens on : Tuesday, March 27, 2012
Issue Closes on : Thursday, March 29, 2012

Price Band : Rs.74 - Rs.80

Bid Lot Size : 80 Equity Shares into multiples of 80 Shares

Issue Size : Rs.94.2 - Rs.99 Crors (Rs.35 crores Fres issue + Offer for sale of 80,00,000 Equity Shares by Helix Investmets Company)

QIBs portion : 50% of Net Offer

NIBs portion : 15% of Net Offer

Retail portion : 35% of Net Offer

BRLM : Enam Securities Pvt. Ltd.

Listing on : BSE & NSE

Registrar to the Issue : Link Intime India Pvt. Ltd.

IPO Grading : “IPO Grade 4/5” by CRISIL

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Dividend Announced - Tata Equity Opportunities Fund

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

National Buildings Construction Corporation Ltd. (NBCC) - IPO Details with Price Band

National Buildings Construction Corporation Ltd. (NBCC) - IPO Details with Price Band

The Public Offer Details are as follows:

Issue Opens on : Thursday, March 22, 2012
Issue Closes on : Tuesday, March 27, 2012

Price Band : Rs.90/- to Rs.106/-
(A Discount of Rs.5 for Retail Bidders and Eligible Employees)

Bid Lot Size : 60 Equity Shares into multiples of 60 Equity Shares

Issue Size : 12,000,000 Equity Shares of Rs.10 each
Employee Reservation Portion : 120,000 Equity Shares
Net Issue : 11,880,000 Equity Shares

QIBs portion 50% of Net Offer : 5,940,000 Equity Shares
NIBs portion 15% of Net Offer : 1,782,000 Equity Shares
Retail portion 35% of Net Offer : 4,158,000 Equity Shares

BRLM : Enam Securities Pvt. Ltd., IDBI Capital Market Services Ltd.

Listing on : BSE & NSE

Registrar to the Issue : Bigshare Services Pvt. Ltd.

IPO Grading : “IPO Grade 4/5” by CARE

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

SBIMF Liquid/Debt Daily Returns as on 19032012

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Dividend Declaration: HDFC Equity Fund & HDFC Long Term Equity Fund

Income distribution / Dividend will be paid to those Unit holders /Beneficial Owners whose names appear in the Register of Unit holders maintained by the Mutual Fund/ Statements of Beneficial Ownership maintained by the Depositories, as applicable, under the Dividend Option of the aforesaid Scheme on the record date (including investors whose valid purchase / switch-in requests were received by the Mutual Fund till 3.00 p.m. in respect of the aforesaid Scheme, on the record date, subject to realization of cheques / demand drafts).

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Net FII Purchases & Sales during the Week 12th March 2012 to 16th March 2012

Net FII Purchases & Sales during the Week 12th March 2012 to 16th March 2012

FII purchases during the week:

12/3/2012: 1355.2
13/03/2012: 1387.3
14/03/2012: 907.4
15/03/2012: 2074.9
16/03/2012: 182.9

FII were net buyer of Rs 5907.70 crore during the week.

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Sectoral Performance during the Week 12th March 2012 to 16th March 2012

Sectoral Performance during the Week 12th March 2012 to 16th March 2012

MAJOR SECTORAL GAINERS:

FMCG: 2.90%
AUTO: 1.30%
CAPITAL GOODS:0.60%
METAL: 0.10%

MAJOR SECTORAL LOSERS:

POWER: -1.20%
PHARMA: -1.40%
PSU: -1.40%
REALTY: -1.50%
CONSUMER DURABLE: -2.20%

MAJOR GAINERS IN BSE ‘A’ CATEGORY:

VOLTAS: 9%
JET AIRWAYS: 8.50%
CESC: 8%

MAJOR LOSERS BSE ‘A’ CATEGORY:

NMDC: -16.40%
TECH MAHINDRA: -11.30%
BIOCON: -10.90%

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Trend in Global Market during the Week 12th March 2012 to 16th March 2012

Trend in Global Market during the Week 12th March 2012 to 16th March 2012

DOW JONES: 2.40%
FTSE: 1.30%
DAX: 4%
CAC: 3.00%
BOVESPA: 1.50%
SINGAPORE: 1.60%
NIKKEI: 2%
HANG SENG: 1.10%
SHANGHAI: -1.40%
SENSEX: -0.20%

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Important US Economic Data Releases for the Week 19th March 2012 to 23rd March 2012

Important US Economic Data Releases for the Week 19th March 2012 to 23rd March 2012

Monday
Housing Market Index

Tuesday
Housing Starts

Wednesday
Existing Home Sales
EIA Petroleum Status Report

Thursday
Jobless Claims
Bloomberg Consumer Comfort Index
FHFA House Price Index
Leading Indicators
EIA Natural Gas Report

Friday
New Home Sales

Source: www.sharetipsinfo.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

FMP DETAILS(AS ON 19TH MARCH 2012)

FMP DETAILS(AS ON 19TH MARCH 2012)



Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

IDFC MF-Dividend In IDFC Premier Equity Fund

Declaration of Dividend in IDFC Premier Equity Fund.

1 ) 24 % Dividend in IDFC Premier Equity Fund –Plan A Record date 23st March 2012.

2 ) 20 % Dividend in IDFC Premier Equity Fund –Plan B Record date 23st March 2012.

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Dividend Announced- DSP BlackRock Small and Mid Cap Fund and DSP BlackRock Natural Resources and New Energy Fund Schemes

A message from DSP BlackRock Trustee Company Private Limited, the Trustee to DSP BlackRock Mutual Fund

Dividend Announced - DSP BlackRock Small and Mid Cap Fund

The Trustees of DSP BlackRock Mutual Fund have declared a tax-free dividend as follows:

Scheme DSP BlackRock Small and Mid Cap Fund – Regular Plan- Dividend Option
Dividend per unit Re. 1/-
Face Value per Unit Rs. 10/-
Record date Mar 23, 2012
NAV (as on Mar 15, 2012) Rs. 14.281

Dividend Announced - DSP BlackRock Natural Resources and New Energy Fund

The Trustees of DSP BlackRock Mutual Fund have declared a tax-free dividend as follows:

Scheme DSP BlackRock Natural Resources and New Energy Fund – Regular Plan- Dividend Option

Dividend per unit Re. 0.50/-
Face Value per Unit Rs. 10/-
Record date Mar 23, 2012
NAV (as on Mar 15, 2012) Rs. 12.194

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Dividend in Franklin India Flexi Cap Fund

Dividend in Franklin India Flexi Cap Fund

Franklin India Flexi Cap Fund (FIFCF). Launched in March 2005, the fund currently manages around Rs.1,830 crore of assets for over 265,000 investors.

The details are given below:

Quantum : Rs.2.00 per unit
Record Date : March 23, 2012 (Friday)
Ex-dividend NAV Date : March 26, 2012 (Monday)

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Listing of Tax free Bonds of HUDCO on BSE & NSE with effect from Tuesday, March 20, 2012

KIndly Note that HUDCO TAX FREE BONDS are going to list on NSE & BSE from 20/3/2012

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Notice Ad Declaration of Dividend in IDFC Premier Equity Fund

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

DIVIDEND DECLARATION : SBI TAX GAIN

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

UTI Fixed Term Income Series XI - V (1120 Days): Change in Fundamental Attributes

UTI Mutual Fund has revised the intended portfolio allocation from A1 to AA rated debt instruments. This change has been made into Scheme Information Document of UTI Fixed Term Income Series XI - V (1120 Days) under the paragraph "other disclosures for closed ended debt oriented schemes".

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Reliance FHF XIX Series 6, FHF XX Series 5 & FHF XX Series 8: Dividend Declaration

Reliance Mutual Fund has announced dividend under the dividend payout option of Reliance FHF XIX Series 6, FHF XX Series 5 & FHF XX Series 8. The quantum of dividend will be the entire distributable surplus as on the record date.

The record date has been fixed as March 13, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

HDFC FMP 370D March 2011 (2) & FMP 24M February 2010: Dividend Declaration

HDFC Mutual Fund has announced dividend under the normal as well as quarterly dividend option of HDFC FMP 370D March 2011 (2) & FMP 24M February 2010. The quantum of dividend will be the entire distributable surplus as on the record date.

The record date has been fixed as March 13, 2012 for FMP 370D March 2011 (2) & March 14, 2012 for FMP 24M February 2010.


Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Religare FMP Series VI Plan B (370 Days): Dividend Declaration

Religare Mutual Fund has announced dividend under the dividend option of Religare FMP Series VI Plan B (370 Days). The quantum of dividend will be the entire distributable surplus as on the record date.

The record date has been fixed as March 13, 2012. This scheme will mature on March 13, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

HDFC Prudence Declares Dividend of Rs.3.50 per unit

HDFC Mutual Fund has announced dividend under the dividend option of HDFC Prudence. The quantum of dividend will be Rs.3.50 per unit.

Earlier, HDFC Prudence also declared dividend of Rs.3.50 per unit in March 2011.

The other funds which declared dividends are HDFC Debt Fund for Cancer Cure under dividend donation option also declared dividend of Rs.0.3246 per unit for individuals and HUF category.

Whithe quantum of dividend for HDFC FMP 92D December 2011 (1) will be the entire distributable surplus as on the record.

The record for above mentioned schemes will be March 15, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Birla Sun Life MF Declares Dividend in 7 Debt Schemes

Birla Sun Life Mutual Fund has announced dividend under the dividend option of following 7 debt scheme. The quantum of dividend will be....



The record date has been fixed as March 15, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

BNP Paribas Tax Advantage Plan (ELSS): Dividend Declaration

BNP Paribas Mutual Fund has announced dividend under the dividend option of BNP Paribas Tax Advantage Plan (ELSS). The quantum of dividend will be Rs.1 per unit.

The record date has been fixed as March 14, 2012.

Earlier, it declared a dividend of Rs.2 per unit in February 2008.


Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

BNP Paribas Tax Advantage Plan (ELSS): Dividend Declaration

BNP Paribas Mutual Fund has announced dividend under the dividend option of BNP Paribas Tax Advantage Plan (ELSS). The quantum of dividend will be Rs.1 per unit.
The record date has been fixed as March 14, 2012.

Earlier, it declared a dividend of Rs.2 per unit in February 2008.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Edelweiss FMP Series 4: Dividend Declaration

Edelweiss Mutual Fund has announced dividend under the dividend option of Edelweiss FMP Series 4. The quantum of dividend will be the entire distributable surplus as on the record date.

The record date has been fixed as March 15, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Kotak Quarterly Interval Plan Series 1: Dividend Declaration

Kotak Mutual Fund has announced dividend under the dividend option of Kotak Quarterly Interval Plan Series 1. The quantum of dividend will be the entire distributable surplus as on the record date.

The record date has been fixed as March 14, 2012.

The Specified Transaction Period will be March 14, 2012 and March 15, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Kotak Quarterly Interval Plan Series 1: Dividend Declaration

Kotak Mutual Fund has announced dividend under the dividend option of Kotak Quarterly Interval Plan Series 1. The quantum of dividend will be the entire distributable surplus as on the record date.

The record date has been fixed as March 14, 2012.

The Specified Transaction Period will be March 14, 2012 and March 15, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

HDFC MF Launches 3 FMPs under HDFC FMP Series XX & XXI

HDFC Mutual Fund has announced to launch 3 Fixed Maturity Plans (FMPs).

The schemes will be open for subscription from March 15, 2012 to March 19, 2012 for HDFC FMP 772D March 2012 (1), March 15, 2012 to March 20, 2012 for HDFC FMP 370D March 2012 (1) and March 21, 2012 to March 26, 2012 for HDFC FMP 366D March 2012 (1).

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Franklin Templeton FTF Series XIV: Dividend Declaration

Franklin Templeton Mutual Fund has announced dividend under the dividend option of Franklin Templeton FTF Series XIV. The quantum of dividend for individual & HUF only will be Rs.0.396 for Plan A and Rs.0.352 for Plan B.

The record date has been fixed as March 23, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Taurus FMP Series C: Dividend Declaration

Taurus Mutual Fund has announced dividend under dividend option of Taurus FMP Series C. The quantum of dividend will be the 100% of distributable surplus as on the record date.

The record date has been fixed as March 15, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Reliance MF Declares Dividend in 5 Equity Funds

Reliance Mutual Fund has announced dividend in 5 following equity schemes. The quantum of dividend will be Rs. 1 per unit for each fund. Earlier, these funds declared dividend of .....



The record date has been fixed as March 16, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Reliance FHF XXI - Series 10: Extension of NFO

Reliance Mutual Fund has extended the new fund offer (NFO) period of Reliance FHF XXI - Series 10 from March 12, 2012 to March 14, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

DSPBR Balanced of Rs.1 & DSPBR Equity of Rs.1.1 Per Unit: Dividend Declaration

DSP BlackRock Mutual Fund has announced dividend under the dividend option of DSP BlackRock Balanced & DSP BlackRock Equity Regular. The quantum of dividend will be Rs.1 per unit for DSP BlackRock Balanced and Rs.1.1 for DSP BlackRock Equity Regular.

The record date has been fixed as March 16, 2012.

Earlier, DSPBR Balanced declared dividend of Rs.2 per unit in March 2011. While, DSPBR Equity declared a dividend of Rs.3.5 per unit in February 2011.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Taurus Dynamic Income: Dividend Declaration

Taurus Mutual Fund has announced dividend under the dividend option of Taurus Dynamic Income. The quantum of dividend will be 100% of distributable surplus as on the record date.

The record date has been fixed as March 16, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

SBI Debt Fund Series-13 Months-13: New Launch

SBI Mutual Fund has announced the launch of new fund offer (NFO) of SBI Debt Fund Series-13 Months-13. The NFO will be open for subcription from March 16, 2012 to March 19, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

DSP BlackRock MF Launches the NFO of 3 FMPs

DSP BlackRock Mutual Fund has announced to launch the NFO of 3 Fixed Maturity Schemes - DSPBR FMP Series 39-12M, DSPBR FMP Series 40-3M and DSPBR FMP Series 41-12.5M.

The schemes will be open for subscription from March 16, 2012. However, these will close on March 19, 2012 for DSPBR FMP Series 39-12M, DSPBR FMP Series 40-3M and March 22, 2012 for DSPBR FMP Series 41-12.5M.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

DWS Premier Bond Declares Dividend of Rs. 3.464 per unit

Deutsche Mutual Fund has announced dividend under the annual dividend option of DWS Premier Bond Regular. The quantum of dividend will be Rs. 3.464 per unit.

The record date has been fixed as March 15, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

ICICI Pru FMP Series 53-3 Years Plan A: Dividend Declaration

ICICI Prudential Mutual Fund has announced dividend under the dividend option of ICICI Pru FMP Series 53-3 Years Plan A. The quantum of dividend will be Rs.0.3619 per unit.

The record date has been fixed as March 15, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

ICICI Pru Discovery Declares Dividend of Rs. 1.5 per unit

ICICI Prudential Mutual Fund has announced dividend under the dividend option of ICICI Pru Discovery Fund. The quantum of dividend will be Rs.1 per unit.

The record date has been fixed as March 16, 2012.

Earlier, it declared a dividend of Rs.1.5 per unit in March 2011.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Templeton India Equity Income Fund: Dividend Declaration

Franklin Templeton Mutual Fund has announced dividend under the dividend option of Templeton India Equity Income Fund. The quantum of dividend will be Rs. 0.70 per unit.

The record date has been fixed as March 16, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

L&T FMP V (December 90D A): Dividend Declaration

L&T Mutual Fund has announced dividend under dividend payout option of L&T FMP V (December 90D A). The quantum of dividend will be 100% of distributable surplus as on the record date.

The record date has been fixed as March 19, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Indiabulls FMP 387 Days March 2012 (1): Extension of NFO

Indiabulls Mutual Fund has extended the new fund offer (NFO) of Indiabulls FMP 387 Days March 2012 (1) from March 13, 2012 to March 14, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Kotak Quarterly Interval Plan Series 2: Dividend Declaration

Kotak Mutual Fund has announced dividend under the dividend option of Kotak Quarterly Interval Plan Series 2. The quantum of dividend will be the entire distributable surplus as on the record date.

The record date has been fixed as March 19, 2012.

The Specified Transaction Period will be March 19, 2012 and March 20, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

UTI Fixed Term Income Series X-I (252 Days): Dividend Declaration

UTI Mutual Fund has announced dividend under the dividend option of UTI Fixed Term Income Series X-I (252 Days). The quantum of dividend will be the 100% of distributable surplus as on the record date.

The record date has been fixed as March 19, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

IDFC FMP Yearly Series 41: Dividend Declaration

IDFC Mutual Fund has announced dividend under the dividend option of IDFC FMP Yearly Series 41. The quantum of dividend will be the entire distributable surplus as on the record date.

The record date has been fixed as March 19, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

IDFC Premier Equity Fund: Change in Minimum Subscription

IDFC Mutual Fund has revised the minimum subscription amount of IDFC Premier Equity Fund to Rs. 10,000/- per application with effect from March 14, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

IDFC Classic Equity Fund: Change in Fund Manager

IDFC Mutual Fund has appointed Mr. Ankur Arora as the fund manager of IDFC Classic Equity Fund, with effect from March 14, 2012. Now, he will manage this fund along with Mr.Tridib Upathak and Ms. Meenakshi Dawar.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Birla Sun Life FTP Series CU & Short-term FMP Series 20: Dividend Declaration

Birla Sun Life Mutual Fund has announced dividend under the dividend option of Birla Sun Life FTP Series CU & Short-term FMP Series 20. The quantum of dividend will be Rs.0.9746 per unit for Series CU and Rs.0.4368 per unit for Series 20.

The record date has been fixed as March 19, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Religare FMP Series IX Plan C: Dividend Declaration

Religare Mutual Fund has announced dividend under the dividend option of Religare FMP Series IX Plan C. The quantum of dividend will be the entire distributable surplus as on the record date.

The record date has been fixed as March 19, 2012.

This scheme will mature on the same day.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Reliance MF Declares Dividend in 8 Debt Schemes

Reliance Mutual Fund has announced dividend under the dividend option of following 8 debt schemes. The quantum of dividend will be...



The record date has been fixed as March 19, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

ICICI Prudential FMP Series 56 - 1 Year Plan A & Quarterly Interval Plan II: Dividend Declaration

ICICI Prudential Mutual Fund has announced dividend under the dividend option of ICICI Prudential FMP Series 56 - 1 Year Plan A & ICICI Prudential Quarterly Interval Plan II.

The quantum of dividend will be the entire distributable surplus as on the record date for ICICI Prudential FMP Series 56 - 1 Year Plan A.

While, it will be Rs.0.2083 per unit for retail option, Rs.0.2148 for institutional option and Rs.0.2078 for retail quarterly option of ICICI Prudential Quarterly Interval Plan II.

The record date has been fixed as March 19, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

SBI Debt Fund Series - 15 Months - 10: New Launch

SBI Mutual Fund has announced the launch of new fund offer (NFO) of SBI Debt Fund Series - 15 Months - 10. The NFO will be open for subcription from March 19, 2012 to March 21, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Reliance Medium Term & MIP: Dividend Declaration

Reliance Mutual Fund has announced dividend under the quarterly dividend option of Reliance Medium Term & Reliance MIP. The quantum of dividend will be Rs.0.1975 per unit for Reliance Medium Term & Rs.0.2400 per unit for Reliance MIP.

The record date has been fixed as March 20, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

DSP BlackRock FMP - 12M - Series 16: Maturity of the Scheme

DSP BlackRock Mutual Fund has announced the maturity date of DSP BlackRock FMP - 12M - Series 16. The maturity date will be March 22, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

DSP BlackRock FMP Series 25-3M: Dividend Declaration

DSP BlackRock Mutual Fund has announced dividend under the dividend payout option of DSP BlackRock FMP Series 25-3M. The quantum of dividend will be upto 100% of distributable surplus as on the record date.

The record date has been fixed as March 19, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Birla Sun Life Short-term FMP Series 21: Dividend declaration

Birla Sun Life Mutual Fund has announced dividend under the dividend option of Birla Sun Life Short-term FMP Series 21. The quantum of dividend will be Rs.0.3660 per unit.

The record date has been fixed as March 20, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Union KBC FMP 92 Days Series 2: Dividend Declaration

Union KBC Mutual Fund has announced dividend under the dividend option of Union KBC FMP 92 Days Series 2. The quantum of dividend will be the entire distribtuable surplus as on the record date.

The record date has been fixed as March 20, 2012.

This scheme will mature on the same day.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Baroda Pioneer 90 Day FMP Series 5: Dividend Declaration

Baroda Pioneer Mutual Fund has announced dividend under the dividend payout option of Baroda Pioneer 90 Day FMP Series 5. The quantum of dividend will be Rs.0.2121 per unit.

The record date has been fixed as March 19, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

ICICI Pru Quarterly Interval Plan II: Dividend Declaration

ICICI Prudential Mutual Fund has announced dividend under the dividend option of ICICI Pru Quarterly Interval Plan II. The quantum of dividend will be Rs.0.2108 per unit for retail, Rs.0.2173 per unit for institutional & Rs.0.2103 for retail quarterly dividend payout option.

The record date has been fixed as March 20, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

JM QIF 1: Revision in Minimum Investment Amount during STP

JM Financial Mutual Fund has revised the minimum investment amount during Specified Transaction Period (STP) under JM QIF 1. The revised amount will be Rs.5000 under retail and Rs.5 lacs under institutional plan. Further, existing investor can make additional investment of Rs.1000 and any amount thereafter. There is no upper limit for them.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

DWS FTF Series 86: Dividend Declaration

Deutsche Mutual Fund has announced dividend under the dividend payout option of DWS FTF Series 86. The quantum of dividend will be the entire distributable surplus as on the record date.

The record date has been fixed as March 19, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Religare FMP Series V - Plan D: Dividend Declaration

Religare Mutual Fund has announced dividend under the dividend option of Religare FMP Series V - Plan D. The quantum of dividend will be the entire distributable surplus as on the record date.

The record date has been fixed as March 20, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

L&T FMP - III (March 366D A): Dividend Declaration

L&T Mutual Fund has announced dividend under the dividend payout option of L&T FMP - III (March 366D A). The quantum of dividend will be upto 100% of distributable surplus as on the record date.

The record date has been fixed as March 21, 2012.

This scheme will mature on the same day.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Axis Income Fund - NFO Closes March 21, 2012

Are those days back again?

As investors, almost all of us have predominantly invested in Fixed Income assets for generations. Fixed Income instruments have given a relatively stable return with low volatility and have been instrumental in asset allocation with capital protection in mind. Fixed Income instruments have given the stability in the investor's portfolio and acted as a hedge against sharp movements in other asset classes.

At the junction that we stand today, Fixed Income Funds are attractively poised with historically high interest rates and slowing growth. All the indicators are for a lower interest rate regime. This bodes well for holding longer tenure bonds which will react positively in case of interest rates being lower.

Presenting Axis Income Fund

Axis Income Fund is another way to Relax.

In Axis Income Fund, Risk Management is an integral part of the investment process. We manage interest rates, not credit.



*Note: The limits/targets mentioned above do not form part of the regulatory/internal limits applicable to the scheme. The given targets are set for the scheme with a view to mitigate some of the major risks associated with it. These may change from time to time without any intimation to the investot, depending on the market conditions and the view of the fund manager.

But what is the difference between Axis Income Fund vis a vis Axis Dynamic Bond Fund or Axis Constant Maturity 10 Year Fund?



Key Features of Axis Income Fund



Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Union Budget 2012

Salient feature of the Budget 2012-13:

• FY12 fiscal deficit revised to 5.9% of GDP vs 4.6% target.

• FY13 GDP seen 7.6% plus or minus 0.25% after 6.9% in FY12.

• FY13 fiscal deficit is forecasted to be 5.1% of the FY13 GDP.

• Government intends to increase the Gross Tax to GDP ratio in FY13 to 10.7% from 10.1% in
FY12.

• Government has raised both standard excise and service tax rates from existing 10% to 12%.

• On the service tax side, they have increased the scope of services covered under the tax net by
introducing “negative list”.

• The income tax slabs has been raised brining more disposable income in the hands of the
consumers.

• Introduction of the “Rajiv Gandhi Equity Saving Scheme” is heartening, wherein small investors’
get annual tax exemptions on equity investments upto 50000 Rs with three years lock in.

• Government intends to reduce the Expenditure to GDP ratio in FY13 to 14.7% from 14.8% in
FY12.
Government allocation towards plan expenditure has risen by 22% against overall expenditure
growth of 13%.

• Government capital expenditure is budgeted to grow by 31% from -2% in FY12.

• Government estimates to bring the subsidies down to 1.79 lakh crores from 2.08 lakh crores INR in FY12.

• Introduction of GST in August 2012 is proposed. Direct tax code (DTC) to be introduced in FY14.

• In terms of the overall tone, this budget is pro investments and pro infrastructure, while it seems
to be neutral on consumption.

On the whole, the intent of this budget, which matters the most looks right.

Sector Impact:

Infrastructure: Marginally positive

• Funding related proposals a positive for entire sector (Both local & global)

• Viability Gap Funding allowed for irrigation projects, Tax free bonds for certain infrastructure
agencies increased to 60k cr

• Attracting external flows - ECB allowed to part finance rupee debt of existing power projects. The withholding tax for ECB in power, airlines, roads & bridges, ports & shipyards, affordable housing, fertilizer and dams has been reduced to 5% from 20% for three years. Restriction on Venture Capital Funds to invest in only 9 sectors has been removed.

• Overall larger expectations such as Annuity Fund or Land Bank Corporations have remained
unaddressed.

Telecom: Overall Mild negative

• Increase in service tax to 12% is a mild negative as it would not be easy for the telecom
companies to increase headline tariffs immediately

• Fixed network for telecommunication and telecom towers made eligible for Viability Gap funding

• Budgeted receipts from telecom is very high at 58k Cr and could put additional strain

Pharma: Overall neutral

• Non LLP partnerships brought under MAT.

• NHRM allocation increased to 20000 crs from 18000 crs ( minor increase) positive for branded generic players

• Rs 5000 deduction for individuals who go for preventive health check up

Financials: Marginally positive

• Measures to increase deposit flow to the banking system – by giving tax exemption on interest
upto Rs 10,000 (Rs 25 lac of deposits) on Savings Bank Deposits

• Opening new avenues for Corporate India to raise resources by liberalizing access to ECB
market reduction in withholding tax and allowing QFIs to Participate in Corporate Debt market

• Capital infusion - Capitalization of Rs 17000 Cr of banks, RRBs and Nabard

Autos: Overall Positive

•Only 2% excise duty hike and large vehicles up by 4-5% Hike will be passed on to final consumers.

•Custom duty on “completely built vehicles” have been increased to 75% from 60%. No significant
impact from the same on listed players.

•No much talked about diesel tax imposed which is a positive

Metals & Mining: Marginally positive

•Import duty on flat rolled steel has been increased to 7.5% (from 5% earlier).

•Cut customs duty on mining machinery to 7.5% from 10.0%

Oil & Gas: Marginally negative

• Cess on crude production increased from Rs2500/ton to Rs4500/t

• Exemption of custom duty on LNG for power

• Oil subsidies are kept at 40000 cr INR only.

IT services: Marginally positive

• Repatriation of dividends from foreign subsidiaries of Indian companies to India at a lower tax rate of 15 per cent as against the tax rate of 30 per cent has been allowed for one more year i.e. upto March 31, 2013.

• Increases in budget for UID to fund enrolment of another 400 mn people.

Cement: Neutral

• Excise duty is now same irrespective of selling price. Change in rates and move to selling price (less 30% abatement) will lead to Rs1-2/bag increase or decrease in duty

• Removal of custom duty on steam coal positive for space

Retail: Neutral

• Customs duty on Gold now 4% (in Jan it was increased to 2%, earlier it was fixed a fixed amount)

• Tax collected at source (TCS) of 1% for Jewellery above Rs. 200,000 purchased in cash (seller
to collect tax).

• Abatement for computing Excise on apparels increased from 55% to 70%.

Real Estate: Marginally positive

• A TDS of 1% will be on all property (other than agricultural) transactions above 50 Lakhs in
specified areas and above 20 lakhs in other areas.

• Extension of 1% interest subsidy by another year for home loans upto 15 lakhs for transaction
values upto 25 lakhs

• Adjusting for abatement of effective service tax rate: - If land cost included ->tax increased from 2.58% to 3.09% and if land cost not considered -> from 3.43% to 4.12%

Source: http://indiabudget.nic.in & RMF views and estimates.

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consultants Pvt Ltd

FMP calender - March 12

Please find the FMP Calendar till 26th March 12 as follows:


Please find the below time-table for FMP Maturities:


Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Weekly Changes

Source: L&T Mutual Fund

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Reliance Mutual Fund Declares Dividend in 5 Equity schemes

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Economic Survey 2011-12: Highlights.

Economic Survey 2011-12: Highlights:

The Economy Survey 2011-12 was tabled by the Finance Minister Pranab Mukherjee in the Parliament on Thursday. Following are the highlights of Survey, a report card of the Indian economic scenario for current fiscal:

* The country's economic growth estimated at 6.9 per cent in the current fiscal; growth momentum to pick up in next two fiscals to 7.6 per cent 2012-13 and 8.6 per cent in 2013-14.

* RBI expected to lower policy interest rates, as inflationary pressures expected to ease in coming months; A low interest rate regime to encourage investment activity and push forward economic growth.

* Steps required for deepening of domestic financial markets, especially corporate bond market and attracting longer-term inflows from abroad; Efforts at attracting dedicated infrastructure funds have begun.

* The growth rate of investment in the economy is estimated to have declined significantly; borrowing costs up due to a sharp increase in interest rates.

* High borrowing costs and increase in other costs affecting profitability and internal accruals.

* Slowdown in Indian economy largely due to global factors, as also because of domestic factors like tightening of monetary policy, high inflation and slower investment and industrial activities.

* Inflation high, but showing clear signs of slowdown by the year-end; Whole-sale food inflation down to 1.6 per cent in January 2012 from 20.2 per cent in February 2010.

* India remains one of the fastest growing economies of the world; Country's sovereign credit rating rose by a substantial 2.98 per cent 2007-12.

* Exports grew by 40.5 per cent in the first half of this fiscal and imports grew by 30.4 per cent; Foreign trade performance to remain key driver of growth.

* Forex reserves expanded further, covering almost the entire external debt stock to the country.

* Foodgrains production likely to cross 250.42 million tonnes; largely on back of increase in rice production.

* Agriculture and Services sectors expected to perform well; Industrial growth pegged at 4-5 per cent and improve further as economic recovery resumes.

* Global economy remains fragile and concerted efforts needed to restore stability and renewed growth; Steps needed for sovereign debt crisis, financial regulation, growth and job creation efforts and energy security, globally.

* India much more closely integrated with world economy' share of trade to GDP of goods and services has tripled between 1990-2010.

* A progressive deregulation of interest rates on savings accounts to help raise financial savings and improve transmission of monetary policy.

* Sustainable development and climate change becoming central areas of global concern and India too is equally concerned and engaged constructively in global negotiations.

* FDI in multi-brand retail can come into effect in a "phased" manner, beginning from metropolitan cities. The survey said that allowing foreign direct investment in multi-brand retail is one of the major issues in the services sector, but the move would address problems relating to food inflation.

* Notwithstanding lower growth of domestic steel consumption during the first three quarters of the current fiscal, the overall performance of the sector is "optimistic". The survey points out a list of bottlenecks responsible for lower steel consumption, including high inflationary pressure within, deteriorating global economy, multiple hikes in interest rates by the Reserve Bank of India.

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Latest March FMP Calendar As on 16th March 2012

* Transfer Banking Arrangements – Axis Bank, Citi Bank, HDFC Bank, ICICI Bank, Standard Chartered Bank, IDBI Bank,
State Bank of India, Kotak Mahindra Bank, HSBC Bank, Deutsche Bank, Royal Bank of Scotland, Bank of Baroda,
ING Vysya Bank, Corporation Bank & Bank of India.

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

National Buildings Construction Corporation Ltd. (NBCC) - IPO Details

National Buildings Construction Corporation Limited (NBCC)

The Public Offer Details are as follows:

Issue Opens on : Thursday, March 22, 2012
Issue Closes on : Tuesday, March 27, 2012

Price Band : Will be declared two days prior to issue opening
(A Discount of 5% (equivalent to `[•]) on the Offer Price is being offered to Retail Bidders and to Eligible Employee)

Bid Lot Size : Will be declared two days prior to issue opening

Issue Size : 12,000,000 Equity Shares of Rs.10 each
Employee Reservation Portion : 120,000 Equity Shares
Net Issue : 11,880,000 Equity Shares

QIBs portion 50% of Net Offer : 5,940,000 Equity Shares
NIBs portion 15% of Net Offer : 1,782,000 Equity Shares
Retail portion 35% of Net Offer : 4,158,000 Equity Shares

BRLM : Enam Securities Pvt. Ltd., IDBI Capital Market Services Ltd.

Listing on : BSE & NSE

Registrar to the Issue : Bigshare Services Pvt. Ltd.

IPO Grading : “IPO Grade 4/5” by CARE

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consultants Pvt Ltd

REC Tax Free Bonds - Subscription as on 12.03.2012

Please find the subscription figures for REC Tax Free Bonds @ EOD 12.03.2012.  

Table 1: Funds raised as % to Total Issue Size (including Green Shoe Option i.e. Rs. 3000.00 cr)



Total Issue Size (including GS) 30,000,000,000

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Dividend in Templeton India Equity Income Fund

Templeton India Equity Income Fund (TIEIF). The fund with its focus on high dividend yield stocks in India and emerging markets, has delivered consistent performance since its launch. It currently manages Rs.1020 crores of assets for over 189,000 investors.

The details are:

Quantum : Rs.0.70 per unit
Record Date for both dividends : March 16, 2012 (Friday)
Ex-dividend NAV Date : March 19, 2012 (Monday)

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

FD FI List - March 2012

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consultants Pvt Ltd

Net FII Purchases & Sales during the Week 5th March 2012 to 9th March 2012

Net FII Purchases & Sales during the Week 5th March 2012 to 9th March 2012

FII purchases during the week:

5/3/2012: 602
6/3/2012: 196.8

FII sales during the week:

7/3/2012: -171.4
9/3/2012: -296.5

FII were net buyer of Rs 330.90 crore during the week.

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Sectoral Performance during the Week 5th March 2012 to 9th March 2012

Sectoral Performance during the Week 5th March 2012 to 9th March 2012

MAJOR SECTORAL GAINERS:
CONSUMER DURABLE: 1.80%
AUTO: 1.60%
FMCG: 0.90%
PHARMA: 0.60%
BANKING: 0.50%

MAJOR SECTORAL LOSERS:
PSU: -1.40%
POWER: -2.55%
OIL & GAS: -3.25%
METAL: -3.90%

MAJOR GAINERS IN BSE ‘A’ CATEGORY:
GUJ NRE CK: 13%
CESC: 9%
YES BANK: 7.10%

MAJOR LOSERS BSE ‘A’ CATEGORY:
ADANI ENT: -13.80%
CONTAINER CORP: -12.40%
PANTALOON RETAIL: -11.70%

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Trend in Global Market during the Week 5th March 2012 to 9th March 2012

Trend in Global Market during the Week 5th March 2012 to 9th March 2012

DOW JONES: -0.40%
FTSE: -0.40%
DAX: -0.60%
CAC: -0.40%
BOVESPA: -1.60%
SINGAPORE: -1%
NIKKEI: 1.60%
HANG SENG: -2.20%
SHANGHAI: -0.90%
SENSEX: -0.80%

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Important US Economic Data Releases for the Week 12th March 2012 to 16th March 2012

Important US Economic Data Releases for the Week 12th March 2012 to 16th March 2012

Tuesday
ICSC- Goldman Store Sales
Retail Sales
Business Inventories
FOMC Meeting Announcement

Wednesday
Current Account
Import and Export Prices
EIA Petroleum Status Report

Thursday
Jobless Claims
Producer Price Index
Empire State Manufacture
EIA Natural Gas Report

Friday
Consumer Price Index
IIP
Consumer Sentiment

Source: www.sharetipsinfo.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Dividend in ICICI Prudential Discovery Plan - Div option ( Record date March 16,2012)

Kindly note that our Trustees have approved March 16, 2012 as the record date for the declaration of dividend in ICICI Prudential Discovery Plan under dividend option. The recommended rate of dividend Re. per unit (Face value of Re.10/-. each) is Re. 1.00.

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consultants Pvt Ltd

Key highlights for IIP growth data of January 2012

• The IIP growth for January 2012 was placed at 6.8% (y-o-y), which came in considerably higher than consensus analyst expectation of around 2%.
• The Mining, Manufacturing, and Electricity segments recorded y-o-y growth rates of -2.7%, 8.5% and 3.2% respectively
• The IIP data for December 2011 was revised higher to show a growth of 2.5% (y-o-y), compared to earlier estimate of 1.8% (y-o-y) reading
• IIP for January 2012 saw 4.4% m-o-m growth tracking significant uptick in the consumer non-durables segment, primarily food products
• The Mining, Manufacturing and Electricity segments noted m-o-m growth rate in January at 0.4%, 5.3% and 0.9% respectively
• The activity under Capital Goods turned negative at 1.5% (y-o-y) in January 2012, as a result of which the IIP Ex Capital Goods was seen still higher at 8.0% (y-o-y)
• The Eight Core Industries Index grew by a marginal 0.54% (y-o-y) in January 2012, with m-o-m upside seen under five out of eight industries.
• The 3-month moving average in IIP growth rate (y-o-y) improved sharply during January 2012 to 5.1% from 1.2% seen in December 2011
• The current release on IIP is in line with sharp upside seen in the PMI data for Manufacturing for the month of January 2012
• The PMI data has shown slight slip in the manufacturing activity for February 2012, but the domestic order book remains resilient, signally buoyancy in activity going forward
• The February 2012 reading on IIP growth (y-o-y) is expected to show resilience, significantly owing to a supporting base
• The surprise mid-policy move to cut CRR by 75bps has triggered hopes of the RBI advancing the much awaited cut in the Repo Rate to the upcoming Mid-Quarter Review. Such a move, though, remains greatly dependent on the inflation data. Moreover, with the current surprise uptick in IIP, we expect the RBI to hold any moves on LAF Repo Rate at the current juncture. Nonetheless, we continue to expect the RBI to reduce LAF Repo Rate by 150bps over the next fiscal.

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consultants Pvt Ltd

Dividend Declaration: HDFC Prudence Fund

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consultants Pvt Ltd

The Weekly Wrap - 5th March 2012 to 9th March 2012

Source: L&T Mutual Fund

Thanks,

Gaurav Agarwal

Head Dealer

DENIP COnsultants Pvt Ltd

Greece secures biggest debt deal in history.

Greece's private creditors agreed Friday to take cents on the euro in the biggest debt write down in history, paving the way for an enormous second bailout for the country to keep Europe's economy from being dragged further into chaos.

Greece would have risked defaulting on its debt in two weeks without the agreement, sparking turmoil in the markets and sending shock waves through the other 16 countries that use the euro.

Prime Minister Lucas Papademos called the deal - which shaves some (euro) 105 billion ($138 billion) off Greece's (euro) 368 billion ($487 billion) debt load - an important "historic success" in a televised address to the nation Friday night. "For the first time, Greece is not adding but taking debt off the backs of its citizens."

The country said 83.5 percent of private investors holding its government debt had agreed to a bond swap, taking a cut of more than half the face value of their investments as well as accepting softer repayment terms for Greece.

The swap aiming to turn around the country's debt-ridden economy was a key condition to secure a (euro) 130 billion ($172 billion) rescue package from other euro zone countries and the International Monetary Fund.

The managing director of the Institute of International Finance, which negotiated the deal with Greece for large investors, called the bond swap "the largest ever" debt restructuring.

"This has been painful and the pain is not over yet. But I now can see light at the end of the tunnel for the Greek economy," Charles Dallara told Greece's Mega television. He estimated Greece could return to the markets "within a few years." If recovery continues, "I think the risk for Greece and the risk on the eurozone will be very manageable," he said.

Of the investors holding the (euro) 177 billion ($234 billion) in bonds governed by Greek law, 85.8 percent joined. The deadline for those owning foreign-law bonds was extended to March 23.

The decision to force losses on some bondholders means that the debt relief will trigger payouts of so-called credit default swaps, a type of insurance on bonds. The International Swaps and Derivatives Association, the private organization that rules on such cases, said its committee ruled that a "restructuring credit event" occurred.

When the debt relief plan was first announced last year, euro zone leaders and the European Central Bank worked hard to avoid a credit event because they feared the payout of credit default swaps could destabilize big financial institutions that sold them.

But since then, that prospect has started to look less threatening. The ISDA said that if triggered, overall payouts will be significantly below the $3.2 billion in net outstanding credit default swap contracts linked to Greece. The exact level of payouts will be determined on March 19.

The Fitch ratings agency downgraded Greece to "restricted default" over the bond swap - a move that had been expected. Fitch was the third agency to downgrade Greece into default, after Moody's and Standard & Poor's. The agencies are expected to raise the country's credit rating after the completion of the swap.

The finance ministers from the 17-nation eurozone said Greece had fulfilled the conditions to get approval for the bailout next week. IMF chief Christine Lagarde, meanwhile, recommended the fund chip in (euro) 28 billion ($36.7 billion) to the rescue package, which includes (euro) 10 billion left over from Greece's first bailout. The IMF's board is set to decide on the final contribution next week.

Source: economictimes.indiatimes

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Fixed Income Product Calendar for schemes to be launched till 19th March, 2012

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Weekly Changes

Following are the changes for the week ending today:



Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Event update - CRR cut

In a surprise move (post market hours), the RBI cut CRR by 75 bps from 5.5% to 4.75%. The cut would be wef 10th Mar 2012 (beginning of the new reporting fortnight). This cut is likely to release around 48,000 cr of liquidity into the banking system..

What triggered this sudden move ?

The system liquidity has for long been in a deficit mode - much higher than the envisaged +/- 1% of NDTL range (arnd 60,000 crore). Also, next week being the advance tax outflow week would have further accentuated the liquidity woes. This therefore seems a proactive measure from the RBI to grant the system atleast some respite in anticipation of further tightness

What to expect next ?

We are not too sure if the policy review scheduled for Mar 15th would effect any benchmark rate cut. The reason for the same is sticky crude oil prices. One cant ignore the fact that crude oil imports constitute an intergral part of the total imports. This, alongwith an impending petrol / diesel price hike could be the reason for the RBI to be on hold. However, the recent domestic macro economic data,suggestive of a slow down does indicate that the RBI should act sooner than later. Hence it would be a tight rope walk to hazard a guess on such act.


How would markets react to CRR cut ?

Shorter end of the yield curve is likely to get the much needed respite due to the CRR cut. We expect yields to ease off by 25-50 bps as an instant reaction and stabilise at those levels. Advance tax week would continue to keep liquidity tight and hence the yields are likely to stay at those levels before another rally towards the end of March / early April.

With CRR cut led infusion of liquidity, there is a high possibility that OMOs would reduce, thereby increasing the uncertainty on the gsec yield front. Market would now focus on the impending budget announcement for the borrowing for next year. Hence Gsec yields may be sluggish in the run up to the budget, and could inch up gradually in the near term. Hopes of repo rate cut would keep the yields in a range

Expect equity markets also to react positively to this news. Banking sector is also likely to have a good innings when the markets open for trade on Monday.

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Dividend Details of Canara Robeco Equity Tax Saver.

Please find below the Dividend Details of Canara Robeco Equity Tax Saver.



Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Dividend notice for DSP BlackRock India T.I.G.E.R Fund

Please find below the Notice for record date of dividend under DSP BlackRock India T.I.G.E.R Fund (The Infrastructure Growth and Economic Reforms Fund), published in newspaper.

The details of the dividend are as follows:

Record Date: March 09, 2012
Quantum of Dividend: Re. 1.00 per Unit
Plan/Option: Regular Plan – Dividend Option
Face Value per Unit: Rs. 10.00
NAV as on March 01, 2012: Rs. 15.859

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Net FII Purchases & Sales during the Week 25th Feb 2012 to 3rd March 2012

Net FII Purchases & Sales during the Week 25th Feb 2012 to 3rd March 2012

FII purchases during the week:

27/02/2012: 7598.10
29/02/2012: 856.50
01/03/2012: 275.90
02/03/2012: 650.50

FII sales during the week:

28/02/2012: 542.50

FII were net buyer of Rs 8838.50 crore during the week.

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Sectoral Performance during the Week 25th Feb 2012 to 3rd March 2012

Sectoral Performance during the Week 25th Feb 2012 to 3rd March 2012

MAJOR SECTORAL GAINERS:

HEALTHCARE: 2%
PSU: 0.80%

MAJOR SECTORAL LOSERS:

AUTO: -1.70%
TECK: -2.10%
CAPITAL GOODS: -2.50%
IT: -3%
REALTY: -4.70%

MAJOR GAINERS IN BSE ‘A’ CATEGORY:

EIH Ltd: 18.80%
HIND COPPER: 10%
B'CHINI: 9.50%

MAJOR LOSERS NIFTY:

DLF: -14.60%
ESSAR OIL: -11.40%
SESA GOA: -8.50%

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Trend in Global Market during the Week 25th Feb 2012 to 3rd March 2012

Trend in Global Market during the Week 25th Feb 2012 to 3rd March 2012

DOW JONES: -0.10%
FTSE: -0.40%
DAX: 0.80%
CAC: 1%
BOVESPA: 2.80%
SINGAPORE: 0.50%
NIKKEI: 1.30%
HANG SENG: 0.70%
SHANGHAI: 0.90%
SENSEX: -1.60%

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Important US Economic Data Releases for the Week 5th March 2012 to 9th March 2012

Important US Economic Data Releases for the Week 5th March 2012 to 9th March 2012

Monday
Factory Orders
ISM Non Manufacturing Index

Tuesday
ICSC-Goldman Store Sales

Wednesday
ADP Employment Report
Productivity and Costs
EIA Petroleum Status Report
Consumer Credit

Thursday
Jobless Claims
Bloomberg Consumer Comfort Index
Quarterly Services Survey
EIA Natural Gas Report

Friday
Employment Situation
International Trade
Wholesale Trade

Source: www.sharetipsinfo.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Dividend Record date HDFC TOP 200 & HDFC Capital Builder Record Date 7 March 2012

Please find below the Notice dated March 01, 2012 on the captioned subject for your kind perusal.

Record Date - 7 March 2012

Dividend Percentage for HDFC Top 200 Fund (Dividend Option)- Rs. 4.00 per unit of Face Value Rs.10

Dividend Percentage for HDFC Capital Builder Fund (Dividend Option) - Rs. 2.50 per unit of Face Value Rs.10

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

UTI Fixed Term Income Fund - Series X - X (367 Days): Launch of NFO

UTI Mutual Fund has launched UTI Fixed Term Income Fund - Series X - X (367 Days). The NFO will be open for subscription from February 24, 2012 to February 28, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

ICICI Prudential Interval Fund II: Dividend Declaration

ICICI Prudential Mutual Fund has approved the declaration of dividend under the dividend option of ICICI Prudential Interval Fund II – Quarterly Interval Plan C (Retail & Institutional).

The recommended rate of dividend will be Rs 0.2122 per unit and Rs 0.2182 per unit for retail and institutional option, respectively.

The record date has been fixed as February 29, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Tata Fixed Income Portfolio B2: Dividend Declaration

Tata Mutual Fund has approved the declaration of dividend under Quarterly dividend option of Tata Fixed Income Portfolio Fund- Scheme B2 (Regular Investment Plan and Institutional Plan). The quantum of declaration will be entire returns generated between November 30, 2011 to February 29, 2012.

The record date is February 29, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Birla Sun Life Fixed Term Plan Series CR & Series 18: Dividend Declaration

Birla Sun Life Mutual Fund has announced dividend under the dividend option of Birla Sun Life Fixed Term Plan Series CR & Birla Sun Life Fixed Term Plan Series 18. The quantum of dividend will be Rs.0.9848/- per unit for Series CR & Rs.0.6147/- per unit for Series 18.

The record date has been fixed as March 1, 2012.

Additionally, the minimum units as well as amount for redemption will be 0.001 unit and multiples of Re 1, respectively, under all schemes of Birla Sun Life MF, with effect from February 27, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

HDFC Fixed STP & Flexi STP: Change in Fundamental Attributes

HDFC Mutual Fund has allowed the transfer under weekly interval frequency of HDFC Fixed STP & HDFC Flexi STP facilities on all business days of the week instead of existing frequency of every Friday as the day of transfer, with effect from March 1, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

ICICI Prudential Short-term Plan: Change in Exit Load

ICICI Prudential Mutual Fund will only charge exit load if switch out is made from ICICI Prudential Short-term Plan to ICICI Prudential Index Fund and ICICI Prudential Blended Plan A, with effect from February 27, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Franklin India Prima Plus Declares a Dividend of Rs. 2.50 per unit

Franklin Templeton Mutual Fund has announced dividend under the dividend option of Franklin India Prima Plus. The quantum of dividend will be Rs. 2.50 per unit.

The record date has been fixed as March 2, 2012.

Earlier, it had declared a dividend of Rs. 3 per unit in February 2011 and has been declaring dividends every year since 1999.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Tata Pure Equity Fund: Dividend Declaration

Tata Mutual Fund has announced dividend under the dividend option of Tata Pure Equity Fund. The quantum of dividend will be Rs. 2.50 per unit.

The record date has been fixed as March 2, 2012.

Earlier, it had declared a dividend of Rs. 2 per unit in July 2010.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Axis FTP Series 18 (15 Months): Extension of NFO

Axis Mutual Fund has extended the new fund offer (NFO) period of Axis FTP Series 18 (15 Months). Now, the NFO will close on February 27, 2012 instead of February 24, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

HDFC Balanced & HDFC Taxsaver: Dividend Declaration

HDFC Mutual Fund has announced dividend under the dividend option of HDFC Balanced & HDFC Taxsaver. The quantum of dividend will be Rs.2.25 per unit for HDFC Balanced & Rs.6 per unit for HDFC Taxsaver.

The record date has been fixed as March 1, 2012.

Earlier, HDFC Balanced had declared a dividend of Rs.2.25 per unit while HDFC Taxsaver declared a dividend of Rs.6 per unit in March 2011.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

UTI MF Launches the NFO of UTI Fixed Term Series XI - II (400Days)

UTI Mutual Fund has announced the launch of new fund offer (NFO) of UTI Fixed Term Series XI - II (400Days). The NFO will be open for subscription only on February 27, 2012.

The maturity date will be April 2, 2013.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

UTI Fixed Term Income Series XI-II (400 Days): Extension of NFO Period

UTI Mutual Fund has extended the new fund offer (NFO) period of UTI Fixed Term Income Series XI-II (400 Days). Now, the scheme will close on March 1, 2012 instead of February 27, 2012.

This scheme will mature on April 5, 2013.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

AIG Quarterly Interval Series II: Dividend Declaration

AIG Global Investment Group Mutual Fund has announced dividend under the dividend option of retail as well as institutional plan of AIG Quarterly Interval Series II. The quantum of dividend will be Rs.21.156791 for retail plan and Rs.21.243891 for institutional plan.

The record date has been fixed as March 5, 2012. The Specified Transaction Period will be March 5, 2012 and March 6, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

IDFC Premier Equity Fund: Re-opens for New Subscriptions

IDFC Mutual Fund has announced the re-opening of IDFC Premier Equity Fund for new subscriptions, with effect from March 1, 2012. Units will be available at the applicable NAV.

Last time, it was opened on March 31, 2011.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Religare FMP Series IX-Plan A(180 Days): Dividend Declaration

Religare Mutual Fund has announced dividend under the dividend option of Religare FMP Series IX-Plan A(180 Days). The quantum of dividend will be the entire distributable surplus as on the record date.

The record date has been fixed as March 5, 2012. This scheme will mature on the same day.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Goldman Sachs Equity & Derivatives Opportunities Fund & Goldman Sachs Derivatives Fund: Dividend Declaration

Goldman Sachs Mutual Fund has announced dividend under the dividend option of Goldman Sachs Equity & Derivatives Opportunities Fund & Goldman Sachs Derivatives Fund. The quantum of dividend will be Rs. 1.3500 per unit for Goldman Sachs Equity & Derivatives Opportunities Fund and Rs. 105 per unit for Goldman Sachs Derivatives Fund.

The record date has been fixed as March 5, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

DSP BlackRock Bond Fund: Change in Exit Load

DSP BlackRock Mutual Fund has revised the exit load structure of DSP BlackRock Bond Fund, with effect from March 12, 2012.

The revised exit load will be 1% if redeemed within 12 months from the date of allotment instead of 6 months.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

ICICI Pru FMP Series 55-1 Year Plan E: Dividend Declaration

ICICI Prudential Mutual Fund has announced dividend under the dividend option of ICICI Pru FMP Series 55-1 Year Plan E. The quantum of dividend will be the entire distribtuable surplus as on the record date.

The record date has been fixed as March 5, 2012. This scheme will mature on the same day.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd