Offering stability

FUND PICK/ Templeton Floating Rate Short-term

Net 
Assets 
(%)

Treasury Bills 91-D273.479.29 SBI225.007.64 Indusind Bank190.006.45 ICICI Bank156.755.32 National Housing Bank149.985.09 Canara Bank132.004.48 State Bank of Patiala105.003.57 Oriental Bank100.003.40 Power Finance Corp100.003.40 Export-Import Bank100.003.40 Indian Retail Trust Series XV (A2)9.91

3.39

Treasury Bills 364-D96.343.27 State Bank of Travancore85.002.89 Punjab National Bank82.002.78 ING Vysya Bank80.002.72 Hudco74.982.54 Federal Bank70.002.38 HDFC50.041.70  Outlook: Though the fund's expense ratio of 1 per cent is on the higher side in the category, its returns are better than most of its peers. Investors wishing to avoid rising interest rates and seeking stable returns will find the fund attractive.

Value Research