Stability first

FUND PICK/ Franklin India Taxshield

Equity Holdings
(As on November 31, 2005)

Value
 (Rs Cr)

Net assets
 (%)

Jai Prakash Associates

9.95

5.34

Larsen & Toubro

8.25

4.43

Nestle India

7.50

4.03

Infosys Technologies

7.40

3.97

ICICI Bank

7.33

3.93

HCL Technologies

7.16

3.85

Maruti Udyog

6.57

3.53

IDFC

6.55

3.52

Asian Paints

6.26

3.36

Tata Motors

6.22

3.34

TVS Motors

5.73

3.08

United Breweries

5.61

3.01

Goodlass Nerolac

5.48

3.00

MICO

5.27

2.83

Cummins India

5.21

2.80

Kotak Mahindra Bank

4.92

2.64

BHEL

4.87

2.61

Television Eighteen

4.83

2.59

-Value Research

Returns in % as on December 15, 2005

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Pharma sector funds topped the monthly return table as far equity fund categories were concerned. The category returns for the past month amounted to 10.49 per cent. They were followed by technology funds (9.49 per cent) and auto sector funds (9.06 per cent). 

EQUITY FUNDS
Average category returns (%)
	1 month	1 year
FMCG	6.54	64.18
Tax planning	7.82	54.83
Diversified	7.88	50.27
Auto	9.06	47.49
Banking	2.83	42.34
Technology	9.49	47.40
Index	7.70	38.43
Pharma	10.49	27.83
Petroleum	5.20	20.15
LEADERS
Sector funds
	1 month	1 year
Prudential ICICI FMCG	8.52	99.17
Reliance Diversified Power	10.45	84.97
Franklin FMCG Fund	7.64	67.91
Birla SunLife Buy India	6.55	65.14
UTI Thematic Basic Industries	6.42	60.02
SBI Magnum - Infotech	9.34	57.04
Birla SunLife New Millennium	8.16	54.69
Prudential ICICI Technology	10.09	53.72
DSP ML Technology.com	8.98	52.20
LAGGARDS
Sector funds
	1 month	1 year
JM Basic Fund	6.44	17.04
UTI Growth - Pharma	10.1	20.41
Franklin Pharma Fund	7.85	20.79
JM Healthcare Sector Fund	8.77	21.04
UTI Growth - Petro	3.96	23.26
SBI Magnum - FMCG	3.46	25.45
UTI Thematic PSU Fund	6.16	27.50
Kotak Tech Fund	9.94	32.53
Reliance Pharma Fund	12.44	33.29
Source: www.mutualfundsindia.com

On an annual basis, FMCG funds continued to top the table with a return of 64.18 per cent, followed by tax planning funds (54.83 per cent) and diversified funds (50.27 per cent). Auto (47.49 per cent) and banking sector funds (42.34 per cent) were the next best.

Several sectoral funds turned in impressive performances over the past year, with Prudential ICICI FMCG fund topping the table with a return of 99.17 per cent. Reliance Diversified Power was second with 84.97 per cent.