Apr 22, 2008

FM says more fiscal measures may be taken to rein in inflation

22 Apr 2008 | 11:49

FM says more fiscal measures may be taken to rein in inflation

Finance Minister (FM) P Chidambaram today said more fiscal measures will be taken as and when necessary to rein in inflation. He said the government had already taken a set up fiscal measures and some more fiscal measures are being contemplated.

FM said it remains to be seen as to what further steps the Reserve Bank of India (RBI) takes. RBIs annual policy review is due on 29 April 2008. Last week, RBI raised cash reserve ration by a steep basis points to such out liquidity from the banking system. Inflation surged to a three-year high in late March 2008

Mineral policy to attract $2.5 billion FDI annually

22 Apr 2008 | 11:23

Mineral policy to attract $2.5 billion FDI annually

The new National Mineral Policy (NMP) envisages foreign direct investment (FDI) of $2.5 billion annually, Mines Minister Sis Ram Ola told Rajya Sabha in a written reply to a query on Monday, 21 April 2008. The minister said annual FDI of $2.5 billion is expected in the mining sector from the fifth year of implementation of the new NMP.

The minister said the policy sought to develop a sustainable framework for optimum utilisation of the countrys natural mineral resources for the industrial growth in the country and at the same time improving the life of people living in the mining areas, which are generally located in the backward and tribal regions of the country

Mutual Fund - Portfolio of Franklin India Smaller Companies Fund

Portfolio of Franklin India Smaller Companies Fund as on 31st March 2008
Total Assets : Rs.813.9 Crores

No

Name of the company
 

Sector

P/E Ratio

% of total
Assets

1

ABG Shipyard Ltd

Shipping

0

0.77

2

Aditya Birla Nuvo Ltd

Diversify-Mega

0

4.03

3

AIA Engineering Ltd

Miscellaneous

0

1.33

4

Alsthom Projects India Ltd

Electric Equip

0

1.88

5

Arshiya International Ltd

Miscellaneous

0

1.63

6

Ashok Leyland Ltd

Auto-LCVs/HCVs

0

0.15

7

Bharat Bijlee Ltd

Electric Equip

0

2.52

8

Century Textiles & Industries Ltd

Diversify-Mega

0

2.24

9

Cummins India Ltd

Engines

0

3.51

10

Debt

DEBT

0

11.62

11

Deepak Fertilizers & Petrochemicals Corp Ltd

Fertilizers

0

3.3

12

EMCO Ltd

Electric Equip

0

1.29

13

Everest Industries Ltd

Cement Products

0

1.28

14

Exide Industries Ltd

Auto Ancillaries

0

7.74

15

Gammon India Ltd

Construction

0

1.8

16

Geojit Financial Services Ltd

Finance

0

1.71

17

Great Offshore Ltd

Shipping

0

2.35

18

Gremach Infrastructure Equipments & Projects Ltd

Engineering

0

0.79

19

Gujarat State Petronet Ltd

Miscellaneous

0

1.64

20

Heritage Foods (India) Ltd

Food-Proc-Indian

0

2.33

21

ICICI Bank Ltd

Banks-Pvt Sector

0

0.95

22

India Infoline Ltd

Miscellaneous

0

3.79

23

Kalpataru Power Transmission Ltd

TranLineTow/Eqpt

0

2.99

24

Kirloskar Brothers Ltd

Pumps

0

1.19

25

Kirloskar Pneumatic Ltd

Compres/Dril Eqp

0

2

26

Motilal Oswal Financial Services Ltd

Finance - Investment/others

0

0.35

27

Nagarjuna Construction Company Ltd

Construction

0

1.8

28

Nelcast Ltd

Casting &Forging

0

0.24

29

NEW DELHI TELEVISION LTD

Entertainment Content Provider

0

3.27

30

Pidilite Industries Ltd

Chemicals

0

2.83

31

Sesa Goa Ltd

Mining/Miner/Met

0

0.25

32

Simplex Infrastructure Ltd

Construction

0

6.67

33

SKF India Ltd

Bearings

0

2.93

34

Sundaram Fasteners Ltd

Fasteners

0

2.14

35

Television Eighteen India Ltd

Entertainment Content Provider

0

2.95

36

Trent Ltd

Miscellaneous

0

5.69

37

TRF Ltd

Engineering

0

2.9

38

Vardhman Textiles Ltd

Text-Cott.Blend

0

1.57

39

Vimta Labs Ltd

Miscellaneous

0

0.86

40

XL Telecom Ltd

Telecom - Equipment

0

0.75

Total:

100

 

 

Mutual Fund - Portfolio of Franklin India Prima Plus

Portfolio of Franklin India Prima Plus as on 31st March 2008
Total Assets : Rs.1480.93 Crores

No

Name of the company

Sector

P/E Ratio

% of total
Assets

1

ABB Ltd

Electric Equip

0

3.91

2

Aditya Birla Nuvo Ltd

Diversify-Mega

0

1.58

3

Asian Paints (India) Ltd

Paints/Varnish

0

2.53

4

Axis Bank Ltd

Banks-Pub Sector

0

1.85

5

Bharat Petroleum Corporation Ltd

Refineries

0

2.21

6

Bharti Airtel Ltd

Telecom - Services

0

4.94

7

Bosch Ltd

Auto Ancillaries

0

1.49

8

Centurion Bank of Punjab Ltd

Banks-Pvt Sector

0

0.85

9

Credit Rating Information Services Of India Ltd

Miscellaneous

0

0.47

10

Cummins India Ltd

Engines

0

1.86

11

Dabur India Ltd

Diversify-Large

0

0.34

12

DLF Ltd

Construction

0

0.47

13

eClerx Services Ltd

IT Enabal Services BPO

0

0.2

14

Gammon India Ltd

Construction

0

0.65

15

Geojit Financial Services Ltd

Finance

0

0.38

16

Grasim Industries Ltd

Diversify-Mega

0

2.59

17

HDFC Bank Ltd

Banks-Pvt Sector

0

7.63

18

Hero Honda Motors Ltd

Auto-M Cycle/Mop

0

1.45

19

HT Media Ltd

Entertainment Content Provider

0

0.97

20

ICICI Bank Ltd

Banks-Pvt Sector

0

4.8

21

Infosys Technologies Ltd

Computer-SW-Larg

0

7.41

22

Infrastructure Development Finance Company Ltd

Finance

0

2.66

23

Kansai Nerolac Paints Ltd

Paints/Varnish

0

1.06

24

Kotak Mahindra Bank Ltd

Finance

0

2.43

25

Larsen & Toubro Ltd

Diversify-Mega

0

3.39

26

Lupin Laboratories Ltd (Merged)

Pharm-Ind-BD&For

0

0.53

27

Mahindra & Mahindra Ltd

Auto-Tractors

0

0.57

28

Marico Industries Ltd

PersonalCare-Ind

0

1.95

29

Nestle India Ltd

Food-Proc-MNC

0

3.66

30

Network 18 Media & Investments Ltd.

Entertainment Electronic Media

0

0

31

NEW DELHI TELEVISION LTD

Entertainment Content Provider

0

2.13

32

Oil & Natural Gas Corpn Ltd

Oil Drill/Allied

0

0.5

33

Pantaloon Retail (India) Ltd

Textiles Products

0

1.05

34

Pfizer Ltd

Pharm-MNC

0

0.76

35

Punj Lloyd Ltd

Construction

0

0.42

36

Reliance Communications Ltd

Telecom - Equipment

0

2.45

37

Reliance Industries Ltd

Diversify-Mega

0

4.05

38

Satyam Computer Services Ltd

Computer-SW-Larg

0

2.73

39

Sesa Goa Ltd

Mining/Miner/Met

0

0.59

40

Shaw Wallace & Company Ltd

Breweries & Dist

0

0.45

41

Siemens Ltd

Electronic-Comp.

0

2

42

Steel Authority of India Ltd

Steel - Large

0

0.44

43

Tata Consultancy Services Ltd

Computer-SW-Larg

0

1.99

44

Tata Motor Ltd

Auto-LCVs/HCVs

0

1.64

45

Tata Steel Ltd

Steel - Large

0

1.85

46

Television Eighteen India Ltd

Entertainment Content Provider

0

4.23

47

Titan Industries Ltd

Miscellaneous

0

1.1

48

Trent Ltd

Miscellaneous

0

0.25

49

TV Today Network Ltd

Entertainment Content Provider

0

0.34

50

UN LISTED

Un Listed Scripts

0

0.88

51

Unitech Ltd

Construction

0

0.14

52

United Spirits Ltd

Breweries & Dist

0

0.47

53

Yes Bank Ltd

Banks-Pvt Sector

0

0.91

Total:

100