Bharti AXA Focused Infrastructure Fund- NFO Analysis

NFO Date
20th Jan 2010 to 15th Feb 2010
FUND FEATURES
Scheme Objective
The Scheme seeks to generate long term capital appreciation through a portfolio of predominantly equity and equity related securities of companies engaged in infrastructure and infrastructure related sectors. The Scheme is not providing any assured or guaranteed returns. Further, there can be no assurance that the investment objectives of the scheme will be realized.
Type of Scheme
An Open-Ended Equity Scheme
Fund Manager
Mr Prateek Agrawal
Min Investment
Lump sum- Rs. 5000/-, Monthly SIP -Rs 1000/- and Daily SIP -Rs 300
Entry Load
Nil
Exit Load
1% if redeemed within 1 year of date of allotment or purchase
Factors lead to a favorable risk reward for equity
• Macro indicators are showing signs of recovery-V shaped.
• Currencies are stabilizing and global flows have resumed.
• Risk appetite has increased - Capital raising back in action.
• Corporate balance sheets have been repaired.
• Growth momentum has been restored- Earnings should bounce and Historically Earnings growth has been superior.
• Stock picking to be rewarded going ahead in FY11.
• Valuations at slightly below long terms average.
• Inflation and interest rate are below average.
• Political environment is stable.
Funds Investment Universe Focused on Infrastructure
• Cement & Cement Products
• Construction and Energy
• Industrial Manufacturing and Metals
• Services (Only Infrastructure related services)
• Telecommunication
• Financial Services (only those primarily engaged in financing infrastructure projects)
5 reasons to invest in this Fund
• India - An Infrastructure starved country.
• Government committed to Infrastructure Investment.
• This Fund is "Truly Focused" Infrastructure Fund.
• Core Infrastructure has been an outperformer.
• Experienced Fund Manager with a proven track record.
Ideal for Investors
• Investment Horizon - Long Term
• Risk Appetite - High