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The best performing fund

For agent/broker use only


yesterday, today and tomorrow!
Before and after we invest
Fund selection

Fund monitoring

One criteria!
Is this the best
performing
fund?
Is this Approach Right?
Lets evaluate!
Case Study
Franklin India Bluechip Fund
Open end diversified equity fund
10 year plus track record
Largest open end equity fund*

* Source: AMFI Website



Lets see the performance over the last 5 years!
May 1999 to April 2004
Methodology
Universe : Diversified equity funds*

Performance Horizon : 1 year and 3 year

Date points : Month-end

One year and three year returns were computed on the last business
day of each month over a five year period. Thus, there were 12
months x 5 years = 60 date points. All equity funds in existence at
that point in time were considered. The performance was sorted in
descending order to ascertain the rank of each fund for that month.
This was done for both one year and three year performance.

* Source: Data - Crisil Software; Fund Selection Value Research
Result 1

Bluechip has never been the
best performing fund over a one-year period,
in the last five years!




Result 2

Out of the 60 date points on which three-year
returns were computed, Bluechip Fund has been
the best fund only on five occasions!

On the remaining fifty five date points, some other
fund was the best performer!!







And yet, Bluechip Fund has
given an annualised compounded
return of 36.4% over the last 5 years!!



Result 3

A total of 16 funds have occupied the best
performing fund position over one-year and three-
year periods!

Of these, only three funds have done better than
Bluechip Fund over the last 5 years, and one of
them is Prima Fund.





Conclusion

Its not important to be the best performing fund at
all times!

Its not important to be the best performing fund at
any time!

Whats important is... Consistency of performance!

Thank You
Investment Objectives: Franklin India Bluechip Fund (FIBCF) is an open ended growth scheme with an
objective to primarily provide medium to long term capital appreciation. Franklin India Prima Fund (FIPF) is an
open ended growth scheme to provide medium to long term capital appreciation as a primary objective and income
as a secondary objective.
Risk Factors : All investments in mutual funds and securities are subject to market risks and the NAV of the
schemes may go up or down depending upon the factors and forces affecting the securities market including the
fluctuations in the interest rates. There can be no assurance that a schemes investment objectives will be
achieved. The past performance of the mutual funds managed by the Franklin Templeton Group and its affiliates is
not necessarily indicative of future performance of the schemes. The above are only the names of the scheme and
do not in any manner indicate the quality of the schemes, their future prospects or returns. The Mutual Fund is not
guaranteeing or assuring any dividend under any of the schemes. The Mutual Fund is also not assuring that it will
make any dividend distributions under the dividend plans of the schemes though it has every intention of doing so.
All dividend distributions are subject to the investment performance of the schemes. The investments made by the
schemes are subject to external risks. Franklin India Bluechip Fund/Franklin India Prima Fund : Entry load: 2.25%;
Exit load: Nil. The fund will offer NAVs, purchases and redemptions on all business days except when there is a
book closure period. Investors are requested to study the Offer Document carefully before investing. Please go
through the offer documents before investing. Statutory Details : Templeton Mutual Fund in India has been set up
as a trust by Templeton International Inc. (liability restricted to the seed corpus of Rs.1 lac) with Franklin Templeton
Trustee Services Pvt. Ltd. as the Trustee (Trustee under the Indian Trust Act 1882) and with Franklin Templeton
Asset Management (India) Pvt. Ltd. as the Investment Manager. The Fund offers NAVs, purchases and
redemptions on all business days except during the days when there is a book closure.
Bluechip Fund Rank One year period
1999 - 2000 2000 - 2001 2001 - 2002 2002 - 2003 2003 - 2004
May 6/20 4/31 5/40 29/45 12/47
June 6/24 4/31 5/38 23/42 12/47
July 9/23 4/32 9/41 22/45 14/48
August 10/23 5/32 9/41 19/45 14/48
September 8/27 4/32 11/42 10/40 14/50
October 8/26 4/32 11/43 16/46 14/51
November 9/26 3/33 13/43 15/46 13/51
December 10/28 3/35 16/41 12/43 18/52
January 11/27 3/36 18/43 12/46 14/55
February 14/27 4/39 15/43 18/46 13/58
March 12/28 5/35 18/41 15/47 16/59
April 4/25 7/38 30/44 11/46 18/60
Bluechip Fund Rank Three year period
1999 - 2000 2000 - 2001 2001 - 2002 2002 - 2003 2003 - 2004
May 4/11 2/21 1/24 4/31 13/41
June 4/14 2/21 1/22 6/28 13/42
July 4/13 2/22 2/25 3/33 13/42
August 4/14 2/22 1/25 2/33 13/42
September 4/14 2/22 4/29 4/30 13/43
October 4/14 2/22 3/30 3/33 14/43
November 4/14 2/22 2/29 3/34 16/44
December 3/14 2/22 2/27 4/34 16/44
January N.A 2/22 2/29 4/36 11/44
February 2/15 3/22 3/29 6/39 13/44
March 2/19 1/22 3/29 7/39 14/41
April 2/17 1/22 4/29 12/38 15/45
Best Fund One year period
1999 - 2000 2000 - 2001 2001 - 2002
May Birla Advantage Fund - Growth Alliance Equity Fund - Growth UTI Grand Master 1993
June Birla Advantage Fund - Growth Alliance Equity Fund - Growth SUN F&C Resurgent India Equity Fund - Growth
July HDFC Equity Fund - Growth Alliance Equity Fund - Growth UTI Grand Master 1993
August Birla Advantage Fund - Growth ING Vysya Select Stocks Fund - Growth SUN F&C Resurgent India Equity Fund - Growth
September Birla Advantage Fund - Growth Alliance Equity Fund - Growth SUN F&C Resurgent India Equity Fund - Growth
October Birla Advantage Fund - Growth Alliance Equity Fund - Growth UTI Grand Master 1993
November Birla Advantage Fund - Growth Taurus Discovery Stock UTI Grand Master 1993
December Birla Advantage Fund - Growth Taurus Discovery Stock Franklin India Prima Fund - Growth
January Alliance Equity Fund - Growth Templeton India Growth Fund - Dividend SUN F&C Resurgent India Equity Fund - Growth
February Alliance Equity Fund - Growth Alliance Basic Industries Fund - Growth SBI Magnum Sector Umbrella - Contra Fund
March Alliance Equity Fund - Growth Alliance Basic Industries Fund - Growth Birla India Opportunities Fund - Plan B - Growth
April Alliance Equity Fund - Growth UTI Grand Master 1993 Birla India Opportunities Fund - Plan B - Growth
2002 - 2003 2003 - 2004
May Reliance Vision Fund - Growth Alliance Basic Industries Fund - Growth
June Reliance Vision Fund - Growth Alliance Basic Industries Fund - Growth
July Reliance Vision Fund - Growth Franklin India Prima Fund - Growth
August Reliance Vision Fund - Growth Alliance Basic Industries Fund - Growth
September Birla India Opportunities Fund - Plan B - Growth SUN F&C Resurgent India Equity Fund - Growth
October Reliance Vision Fund - Growth SUN F&C Resurgent India Equity Fund - Growth
November Reliance Vision Fund - Growth Franklin India Prima Fund - Growth
December Reliance Vision Fund - Growth Franklin India Prima Fund - Growth
January Reliance Vision Fund - Growth SUN F&C Resurgent India Equity Fund - Growth
February Reliance Vision Fund - Growth HSBC Equity Fund - Growth
March Reliance Vision Fund - Growth Tata Equity Opportunities Fund - Appreciation
April Reliance Vision Fund - Growth Tata Equity Opportunities Fund - Appreciation
Best Fund Three year period
1999 - 2000 2000 - 2001 2001 - 2002
May Birla Advantage Fund - Growth Birla Advantage Fund - Growth Franklin India Bluechip Fund - Growth
June Birla Advantage Fund - Growth Birla Advantage Fund - Growth Franklin India Bluechip Fund - Growth
July Birla Advantage Fund - Growth Birla Advantage Fund - Growth HDFC Equity Fund - Growth
August Birla Advantage Fund - Growth Birla Advantage Fund - Growth Franklin India Bluechip Fund - Growth
September Birla Advantage Fund - Growth Birla Advantage Fund - Growth HDFC Equity Fund - Growth
October Birla Advantage Fund - Growth Birla Advantage Fund - Growth HDFC Equity Fund - Growth
November Birla Advantage Fund - Growth Birla Advantage Fund - Growth Alliance Equity Fund - Growth
December Birla Advantage Fund - Growth Birla Advantage Fund - Growth Alliance Equity Fund - Growth
January Birla Advantage Fund - Growth Birla Advantage Fund - Growth Alliance Equity Fund - Growth
February Birla Advantage Fund - Growth Birla Advantage Fund - Growth Templeton India Growth Fund - Dividend
March Birla Advantage Fund - Growth Franklin India Bluechip Fund - Growth Templeton India Growth Fund - Dividend
April Birla Advantage Fund - Growth Franklin India Bluechip Fund - Growth HDFC Equity Fund - Growth
2002 - 2003 2003 - 2004
May Franklin India Prima Fund - Growth Alliance Basic Industries Fund - Growth
June Franklin India Prima Fund - Growth Franklin India Prima Fund - Growth
July Reliance Vision Fund - Growth Franklin India Prima Fund - Growth
August Reliance Vision Fund - Growth Alliance Basic Industries Fund - Growth
September Templeton India Growth Fund - Dividend Reliance Vision Fund - Growth
October Reliance Vision Fund - Growth Reliance Vision Fund - Growth
November Reliance Vision Fund - Growth Franklin India Prima Fund - Growth
December Reliance Vision Fund - Growth Franklin India Prima Fund - Growth
January Reliance Vision Fund - Growth Reliance Vision Fund - Growth
February Alliance Basic Industries Fund - Growth Reliance Vision Fund - Growth
March Alliance Basic Industries Fund - Growth Reliance Vision Fund - Growth
April Alliance Basic Industries Fund - Growth Reliance Vision Fund - Growth